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Challenges For The New RBI Governor

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August 28: Sanjeev Sanyal, Global Strategist at Deutsche Bank, calls Raghuram Rajan, the new RBI Governor, one of the best economists of his time but says a change in stance due to a change in leadership personalities is unlikely. The RBI cannot fix all issues with monetary policy alone, he says, adding that the government also needs to implement fiscal measures to stabilise the economy.