Thursday, June 26, 2014

Perceptions vary from person to person

This is a very clear evidence that perceptions will vary from person to person.What Dr Rajan has expressed is his concern on certain regulatory aspects where the RBI should have a full say and should be a final authority. Dr Rajan can never be different from the thinking that the the financial services system needs reforms and he has been taking all possible steps towards reforming the financial system perhaps without making any pomp and show of it with all his limitations.One major handicap for him is that RBI has autonomy only on paper and the FSLRC report wants to even take away this autonomy.

Dr.T.V.Gopalakrishnan

(This comment is given in ET dated 26/6/14 in resposnse to an article Dr rajan is wrong) 

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