Dr. Raghuram Govind Rajan is an Indian economist, financial policy maker, and former Governor of the Reserve Bank of India (RBI). He served as the Governor of RBI from 2013 to 2016. During his tenure, he became well-known for his liberal and prudent policies on various issues.
Early Life and Education
Raghuram Rajan was born on February 3, 1963, in Chennai, Tamil Nadu, India. He completed his undergraduate and postgraduate education from the University of Delhi. Later, he pursued higher studies at the Massachusetts Institute of Technology (MIT) and earned his doctorate.
Career Highlights
Raghuram Rajan is renowned for his expertise in economics and policy formulation. During his tenure, he initiated several important policies to reform the Indian economy. He reduced the repo rate to stimulate economic growth, implemented measures to reduce social and economic inequality, and introduced important policies to ensure better control over financial institutions.
Writing and Education
Throughout his career, Raghuram Rajan has written several economics books and articles expressing his views on various economic issues. His book "Fault Lines: How Hidden Fractures Still Threaten the World Economy" gained significant popularity. Besides, he has contributed articles to various economic journals. Currently, he is actively involved in education and research and serves as a professor in several economic institutions.
Recognition
Raghuram Rajan has been honored with several national and international awards for his contributions. He was awarded the Padma Bhushan by the Government of India in 2003. In 2005, he was named the "Best Banker" by the Financial Times.
