Ministry of Finance hosts farewell dinner for outgoing RBI Governor Raghuram Rajan

New Delhi: The finance ministry on Saturday hosted a farewell dinner in the honour of outgoing RBI Governor Raghuram Rajan, a day before he demits office.

Raghuram Rajan. AFP

Raghuram Rajan. AFP

The dinner was attended by Finance Minister Arun Jaitely along with other senior officials of the ministry.

The three-year term of Rajan comes to end tomorrow when he hands over the baton to his deputy Urjit Patel.

Former IMF chief economist leaves behind a strong legacy with highest ever forex reserves, low inflation and high economic growth.

It has been eventful journey for the man who predicted 2008 global economic crisis and is known for airing his views freely and fankly even at the cost of annoying the high and mighty.

When he took the reins central bank, India currency was in the midst of the Taper Tantrum. Rupee had hit life time low of 68.91 in August 2013 firmed up to 63.8 in early September that year.


Updated Date: Sep 03, 2016 22:47 PM

Also Watch

Watch: Firstpost test rides the new Thunderbird 500X in Goa and walks you through the Royal Enfield Garage Cafe
  • Tuesday, April 17, 2018 Varun Dhawan on Shoojit Sircar's October, 5-star reviews and working with Anushka Sharma in Sui Dhaaga
  • Saturday, April 14, 2018 Ambedkar Jayanti: Re-visiting Babasaheb's ideals exposes fake Dalit politics of Rahul Gandhi and Congress
  • Monday, April 9, 2018 48 hours with Huawei P20 Pro: Triple camera offering is set to redefine smartphone imaging
  • Monday, April 16, 2018 Rajyavardhan Singh Rathore interview: Sports can't be anyone's fiefdom, we need an ecosystem to nurture raw talent

Also See