Pliant and subservient RBI governor loses respect: Raghuram Rajan

Former RBI Governor Raghuram Rajan on Friday said if a central bank head
is "pliant and subservient", he risks losing the respect of his team
members. He, however, added that RBI governors, once in office, "develop
backbone very quickly".

Read more: http://www.businesstoday.in/current/econ...

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