Dr. Raghuram Rajan is considered to be the longest-serving governor of the Reserve Bank of India (RBI). Dr Raghuram Rajan was appointed as the 23rd Governor of the Reserve Bank of India (RBI) on September 4, 2013, and he served for a period of 3 years, till September 4, 2016. During his tenure as the governor, Dr Rajan implemented several monetary policy measures to curb inflation and stabilize the rupee. He also introduced several measures to improve the functioning of the Indian banking system and enhance financial inclusion.
Dr Rajan is considered to be one of the most influential central bankers in the world and his tenure at the RBI was widely praised for his efforts to stabilize the Indian economy. During his tenure, he was also known for his strong communication skills and his ability to effectively explain the complexities of monetary policy to the public.
Furthermore, He also had a special focus on the developing the financial sector of India , and he made important efforts towards building a more resilient financial system and encouraging inclusive growth. He was also very vocal on the need for reforms in the Indian banking system, He pointed out the problem of stressed assets and the need to clean up the balance sheets of public sector banks.
All in all, Dr Raghuram Rajan's tenure as the governor of the Reserve Bank of India was considered to be one of the most successful and influential in the history of the central bank.
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