2 years of Rajan: Analysts give 4.3 out of 5 to RBI governor

NEW DELHI: Analysts and economists gave a thumbs-up to Raghuram Rajan as he completed two years as governor of the Reserve Bank of India (RBI) on Friday. On a scale of 5, five analysts have given Rajan an average rating of 4.5. Raghuram Govind Rajan took charge as the 23rd governor of Reserve Bank of India on September 4, 2013 with a three-year term. In his first two years in office, inflationhas come down, interest rate has eased to 7.25 per cent from 8 per cent in 2014, the forex kitty has swelled and the rupee has become more resilient. Plus, there have been two rounds of new bank licence awards, including the birth of an entirely new breed of banks in the country.   ET