Raghuram Rajan

Quotes

• “Not taking risks one doesn't understand is often the best form of risk management.”
• “On the retail side, I particularly want to emphasize the use of the unique ID, Aadhaar, in building individual credit histories. This will be the foundation of a revolution in retail credit.”
• “Promoters do not have a divine right to stay in charge regardless of how badly they mismanage an enterprise, nor do they have the right to use the banking system to recapitalize their failed ventures.”
• “Expectations are high. Clearly I am not a superman. There is a little bit of euphoria in India. I have a wife and two kids.”
• “If you are an outsider looking at India, learn to filter out both the irrational exuberance and the excessive pessimism. We're subject to both. You will become manic-depressive if you follow our moods.”
• “A 007 James Bond image is very dangerous for a central banker to have.”

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Wikidata facts

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Raghuram Rajan, IMF 69MS040421048l.jpg

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