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Raghuram Rajan pitches for RBI's independence

<p>In last speech as governor, Raghuram Rajan said RBI must be able to say no to government</p>

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New Delhi: In his last public speech before demitting office, RBI governor Raghuram Rajan on Saturday made a vigorous case for a strong and independent Central Bank that can say ‘no’ to highest echelons of the government to ensure macroeconomic stability.

RBI governor Raghuram Rajan leaves after addressing the students of St Stephen’s College in New Delhi on Saturday. Pic/PTI
RBI governor Raghuram Rajan leaves after addressing the students of St Stephen’s College in New Delhi on Saturday. Pic/PTI

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