Tough tests ahead as Rajan prepares for RBI top job
The Reserve Bank of India's (RBI) incoming governor Raghuram Rajan will need to navigate a treacherous economic, public policy and political landscape when he replaces Duvvuri Subbarao on September 5, according to a new article published by the Central Banking journal.
Immediate challenges will include tackling the recent weakness of the rupee against the US dollar, addressing persistent inflation, restoring confidence among foreign investors and determining the award of new banking licences –
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