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    1. Fast FT

      12 hours ago

      Liquidity support ready after Brexit - India's Rajan

      India’s central bank is ready to provide liquidity support and any other necessary steps to keep the market in orderly...

    2. June 21, 2016

      The Brexiters’ ‘Wrong then, wrong now’ is trite not right

      “Wrong then, wrong now” is the Brexiter’s catch-all dismissal of any suggestion that leaving the EU could be bad for...

    Special Reports

    1. Indian Banking and Finance

      Viewed from afar, 2015 should have marked the start of a golden age of Indian banking...
    Search more Special Reports on this topic.

    1. The World

      June 21, 2016

      Rajan’s departure: any relief is short term

      At a gathering of Indian professionals at the Hong Kong Jockey Club at the weekend, the news that Raghuram Rajan would...

    2. June 20, 2016

      Raghuram Rajan’s exit raises doubts about reforms in India

      Raghuram Rajan has long been regarded as one of the most impressive central bankers on the world stage. So his decision...

    3. June 20, 2016

      Raghuram Rajan urges Indians to continue war against inflation

      Raghuram Rajan, India’s outgoing central bank governor, mounted a spirited defence of his battle against persistently...

    4. June 20, 2016

      Rajan’s departure: a hawk flies

      Inflation-slaying central bankers do not expect to leave in a gentle rain of ticker tape. The job means keeping money...

    5. Fast FT

      June 20, 2016

      Rajan hits out at critics: 'you can't have it both ways'

      India’s outgoing central bank chief has hit back at critics who have accused him of overly hawkish monetary policy,...

    6. Fast FT

      June 20, 2016

      So long, Rajan, 'a gifted policy maker': Economists react

      News that Raghuram Rajan is set to leave his post at the helm of the Reserve Bank of India has delivered a shock to...

    7. June 20, 2016

      FTSE 100 wipes out last week's declines

      It’s neck-and-next in the Brexit polls, but that’s enough for a breakneck rally for London stocks, and continental...

    8. FT Alphaville

      June 20, 2016

      The Monday morning after the RBI governor before [updated]

      It has been a difficult Monday morning for India’s bankers, economists and analysts. Not only has the Rajan-era come to...

    9. June 20, 2016

      Raghuram Rajan’s departure from RBI unnerves India investors

      Central bankers are rarely compared to James Bond, the fictitious British spy. But Raghuram Rajan, the respected...

    10. June 20, 2016

      India markets shrug off Raghuram Rajan departure from RBI

      India’s equity and currency markets quickly recovered from an early dip on Monday as investors shrugged off news that...

    11. Fast FT

      June 20, 2016

      Indian stocks, rupee fall after Rajan departure

      India’s stocks fell and the rupee slipped as investors absorbed the departure of Raghuram Rajan – and, crucially,...

    12. Fast FT

      June 20, 2016

      Fast Asia Open: UK's EU referendum week begins

      It’s a pretty important week for markets as far as risk events are concerned, with the UK’s referendum on European...

    13. June 19, 2016

      Raghuram Rajan’s departure is huge setback for reform in India

      The announcement that Raghuram Rajan will leave his position as governor of India’s central bank, the Reserve Bank of...

    14. June 18, 2016

      India central bank chief Raghuram Rajan to stand down

      India’s highly-respected central bank governor, Raghuram Rajan, has announced he will step down when his current terms...

    15. FT Alphaville

      June 16, 2016

      Rajan, the Fed and the rules of the monetary game

      Raghuram Rajan, the luddite at the RBI (for now at least) has been banging on a particular drum for a while. He told...

    16. FT Alphaville

      June 16, 2016

      Further reading

      Elsewhere on Thursday, - The attacks on RBI governor Raghuram Rajan: Lessons from Stanley Fischer as a central banker....

    17. June 7, 2016

      Raghuram Rajan deflects speculation on future at RBI

      Raghuram Rajan on Tuesday refused to comment on the prospects of staying on as India’s central bank governor after his...

    18. Fast FT

      June 7, 2016

      RBI holds rates steady

      The Reserve Bank of India has kept its benchmark lending rate on hold, as expected. The benchmark repo rate was held...

    19. May 29, 2016

      Attack on Rajan stokes talk of change at India’s central bank

      To many international investors, the Reserve Bank of India governor Raghuram Rajan is a near-hero — the articulate,...

    20. Fast FT

      May 27, 2016

      State Bank of India makes further hefty bad loan provisions

      State Bank of India, the country’s largest lender by assets, set aside a further 121.4bn rupees ($1.8bn) to cover bad...

    21. May 22, 2016

      The helicopter money drop demands balance

      Eight years after the 2008 financial crisis the global economy is still stuck with slow growth, inflation levels that...

    22. May 15, 2016

      India’s central bank governor warns on stimulus overuse

      Central banks and governments of rich countries are running out of ammunition for stimulating their economies, says...

    23. April 29, 2016

      India’s wanted tycoon Vijay Mallya breaks his silence

      Vijay Mallya, the boisterous Indian beer and spirits tycoon, now cuts a chastened figure. His passport has been...

    24. April 20, 2016

      India’s banks face up to corporate debt problems

      India’s highly indebted tycoons and their anxious bankers have long hoped that time, and an economic upturn, would help...

    25. April 7, 2016

      Indian banks reject Vijay Mallya’s debt plan

      Indian banks have rejected an offer by Vijay Mallya, the erstwhile liquor baron, to settle the country’s most...

    26. April 5, 2016

      India trims interest rates amid economic headwinds

      India’s central bank on Tuesday trimmed interest rates by a quarter of a percentage point to the lowest in five years,...

    27. Fast FT

      April 5, 2016

      RBI cuts benchmark interest rate

      The Reserve Bank of India has trimmed its benchmark lending rate, following on from four rate cuts last year as low...

    28. February 25, 2016

      Infighting at the top puts the Indian economy at risk

      At a time when most emerging markets are sinking, India is an exception. Its growth estimate for 2015-16 has just been...

    29. February 11, 2016

      India’s central bank governor warns of need for ‘deep surgery’

      India’s central bank governor Raghuram Rajan has warned that the country must brace for more than a year of “deep...

    30. Fast FT

      February 2, 2016

      RBI leaves rates on hold

      The Reserve Bank of India is standing pat on interest rates. The benchmark repo rate remains at 6.75 per cent. The...

    31. January 27, 2016

      India’s markets lose their Modi mojo

      Narendra Modi swept to election victory on a pro-business economic platform on May 16 2014, pushing India’s benchmark...

    32. Fast FT

      January 19, 2016

      Fast Asia Open: back down we go?

      China’s GDP report may have offered some clarity on Tuesday but global markets still have little sense that the recent...

    33. Fast FT

      December 14, 2015

      India wholesale inflation narrows to -2%

      India’s deflationary trend looks to be coming to an end, as the index tracking wholesale prices narrows for a third...

    34. December 7, 2015

      Euroclear presses ahead with India government bonds

      Euroclear, the world’s largest securities settlement system, is pressing ahead with plans to include Indian government...

    35. December 2, 2015

      India’s headline GDP growth disguises problems below the surface

      So it is official. India is the only Bric left standing. Brazil, which shrank 4.5 per cent year on year in the third...

    36. FT Alphaville

      November 19, 2015

      Ever wondered what a strike by 17,000 Indian central bank employees looks like?

      The scene, as we went to pixel, outside the Reserve Bank of India in Mumbai — from where Rajan stares across the city —...

    37. November 1, 2015

      India’s Raghuram Rajan warns against intolerance

      Raghuram Rajan, India’s central bank governor, has appealed for tolerance of diverse opinions and challenges to...

    38. October 12, 2015

      India’s mobile banking threatens to hack into giants’ profits

      A sclerotic banking system is one of the areas most ripe for change in the technological upheaval gripping India. The...

    Search for Raghuram Rajan and


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