RBI Governor Raghuram Rajans interview to The Hindu (todays - TopicsExpress

RBI Governor Raghuram Rajans interview to The Hindu (todays edition) is worth a deep study, analysis and discussion. Rajan ia talking tough (the accompanying photograph sets the mood) and minces no word when observing that two SLR cuts have not resulted in bank borrowing raising. But why is the serious concern only about corporate borrowing not on the increase? He is projecting the strengthening of the economy in JFM quarter. As a banker, I am happy to join him in his optimism.

Then he said it again: I know it neither sounds right nor look

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