C Rangarajan

Why big hype on touching $5-tn economy by year 2025 is largely meaningless for average Indians

Now, even if one talks about the $5-trillion target, at the current rate of slowed growth, the target is merely wishful thinking.

Reaching $5 trillion GDP target by 2025 at current growth rate 'simply out of question', says former RBI governor C Rangarajan

The Narendra Modi government soon after assuming office for the second term has set a target of taking the economy to $5 trillion over the next five years.

New RBI governor should follow his "dharma" to protect central bank's autonomy, says Rangarajan

Rangarajan said there are questions about the deflator that has been used and also on data on company affairs.

Banks need to overcome problems fast to lend large credit: Former RBI governor C Rangarajan

C Rangarajan's remarks come amid the Rs 12,700 crore fraud detected recently at the Punjab National Bank (PNB) and the banking system's overall struggle to overcome mounting bad loans

PNB fraud: RBI had no clue on Rs 11,400 cr scam for seven long years; can a super regulator do the job?

The PNB fraud highlighted a larger systemic problem raising questions about the effectiveness of regulatory framework followed by Indian banking system, risk management practices and vulnerability of Indian banks to fraudulent transactions that extends across the border

Number of public sector banks may go down to 12 as govt mulls consolidation

As part of a three-tier structure,there would be at least 3-4 banks of the size of SBI, the country's largest lender.

Raghuram Rajan says he was willing to stay, but could not reach an agreement with govt

"I think the way the speeches are sometimes interpreted, when you read the speeches it comes out the way the criticism appears," he said.

Remove addn'l tax in GST, need flexibility issues: Rangarajan

The proposed 1 per cent additional tax on inter-state sales is against the spirit of Goods and Services Tax (GST) and that should not be implemented, former RBI Governor C Rangarajan said.

Free pricing of gas: Two cheers for Dharmendra Pradhan, Modi's oil reforms hero

One area where reforms are directionally in the right direction is petroleum. Dharmendra Pradhan is now moving towards freeing gas pricing.

Huff, puff, India will finally be a $2 trillion economy this year

India will finally be a $2 trillion economy this year, but getting back to 8-9 percent growth and becoming a middle income country needs faster reforms