Challenges For New RBI Governor
  • Elizabeth George
  • Sep 17 2013

September 17: Deutsche Bank’s Taimur Baig says the RBI’s objective under the new governor was spelt out by Raghuram Rajan when he said inflation is the central bank’s responsibility. This cuts across a lot of confusion, he says, adding that he expects the RBI to move towards an inflation target, with a focus on CPI over WPI. “Going forward, I see the RBI responding to all kinds of inflation shocks instead of making excuses,” he adds.