Raghuram Rajan Is Not An Alarmist: Abheek Barua
  • Ekta Tibrewal
  • Sep 05 2013

September 5: Abheek Barua, Chief Economist at HDFC Bank, says there is a fine line between providing an objective assessment of the situation and sounding alarmist. “Unfortunately, the RBI has often seemed alarmist in the past, which is clearly not going to be the case with the new governor,” he says. The RBI has also mismanaged the timing and amount of their communication to the detriment of markets and the economy, he adds.