Personality
of the Week
Financial
Prophet of India: Raghuram G. Rajan
While his peers would desire to become
doctors or engineers; Raghuram Rajan as a young boy studying in the prestigious
Delhi Public School RK Puram, would say that he wanted to become the Prime
Minister of India, when asked about his ambition. Surely, he was born to dream
and achieve.
As a gold medalist in IIT Delhi and IIM
Ahmedabad, he was appointed as the Chief Economist and Director of Research at
the International Monetary Fund in October 2003. Born in Bhopal, Madhya
Pradesh, his perseverance and excellence in the field of finance made Rajan a
global icon. He stepped on to become one of the youngest Governors of the
Reserve Bank of India in 2013, holding the office at the age of 50. Coming back
to India wasn’t a matter of chance; to contribute to his own country was what Rajan
has lived and breathed for.
As the RBI Governor, he’s known for his
ideas towards curbing inflation and has aimed at extending the banking services
to the population of India who are still deprived of it. Rajan has been
fiercely protective of the autonomy of the RBI, one of the most respected
institutions of India. He is a practical man, who knows which battles to pick
and which ones to drop.
Intelligence, integrity and popularity, he
has it all. What he says or does moves the stock prices not only on the Dalal
Street but even on the Wall Street! Often seen at the malls buying groceries at
the weekend or spending time with his family, Rajan is rooted to the ground.
A man of exemplary skill and grit
determination, Raghuram Rajan gracefully passes the legacy of the RBI Governor
to Urijit R Patel the next month. He has been a field man who has always called
a spade a spade, be it even questioning the Make in India campaign. He has the
confidence to handle the backlash, thereby exhibiting his honesty and
genuineness at work. He is truly the unbowed, unbent, unbroken.
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