Raghuram Rajan Quotes


The problem with forbearance is that it always looks like a good thing to do until it stops working.


Citations

Rajan, Raghuram. "Resolving Stress in the Banking System." ASSOCHAM Event, New Delhi, 23 June 2016.

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Mytilene was at war with Athens. Pittacus suggested that instead of the armies fighting, the war should be decided by a battle between him and the Athenian General who accepted. Pittacus won and was the Ruler of Athens, where he became quite popular. He wrote all his laws and decrees in poetry. He resigned after 10 years. He was considered one of the 7 great Greek Sages.


Raghuram Rajan
Raghuram Rajan
  • Born: February 3, 1963
  • Nationality: Indian
  • Profession: Economist

Raghuram Govinda Rajan is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Between 2003 and 2006 he was Chief Economist and Director of Research at the International Monetary Fund. From September 2013 through September 2016 he was the 23rd Governor of the Reserve Bank of India; in 2015, during his tenure at the RBI, he became the Vice-Chairman of the Bank for International Settlements.