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>> RESERVE BANK OF INDIA Latest News

SEP 21, 2013 - Zero Hedge

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Rajan's Indian Funeral Pyre

Follow ZeroHedge in Real-Time on FinancialJuice Raghuram Rajan has been in his job at the head of the Reserve Bank of India for just a few weeks now and already changes are being made as the 23rd President. He plans to make sweeping changes to the financial system and bring the hierarchical administrative make-up of the sector to its knees by introducing liberal laws that will allow banks to open up branches without gaining prior permission from the Indian central bank. He wants to free up money for the economy to inject it into the private sector. Today Rajan has raised the repo interest ... Read More

Tags: Rajan's Indian Funeral Pyre,  Reserve Bank Of India Latest News