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Will Take Concrete Action: RBI Governor

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Raghuram Rajan today took over as the 23rd RBI Governor. In his first media interaction after taking over the helm of the RBI, Raghuram Rajan said that the RBI’s role is not just limited to its primary role of preserving the purchasing power of rupee. “We have two other important mandates – inclusive growth & development as well as financial stability,” says the new RBI Governor.