Raghuram Rajan is out

[arbit]

It is helpful to get this confirmation that your brain is damaged to the same extent as Susu.

Classy.

By the way, what happened to that 20 page retirement thread of yours where half of the posts were you explaining why you would be retiring from this forum

 

[Joe Shearer]

Classy.

By the way, what happened to that 20 page retirement thread of yours where half of the posts were you explaining why you would be retiring from this forum

Oh, THAT classy thread. The half the posts that were I explaining why I would be retiring from this forum have gone into the classy paper bags out of which you eat the classy popcorn while thinking of not-so-classy remarks to make because you have nothing original to say. The other half is not well remembered even by the jobless (hint), so perhaps it doesn't matter.

 

[danger007]

its not Usual from him ,he target Hindu saints in every thread ...If we respond to him in similar manner this christian moron will play victim card and will even take things to his sisters crypt

mind your language.. don't talk about my sister..

He got his own little set of atrocity literature to plead his case on .

If he himself get involved lot with Govt.. what is wrong if i bring his name...



i hope the guy.. stop bit..ing around.. i don't give a damn ..

 

[arbit]

Oh, THAT classy thread. The half the posts that were I explaining why I would be retiring from this forum have gone into the classy paper bags out of which you eat the classy popcorn while thinking of not-so-classy remarks to make because you have nothing original to say. The other half is not well remembered even by the jobless (hint), so perhaps it doesn't matter.

THAT thread can hardly be termed as classy. I rather saw it as a pitiful attempt to garner some attention by a hypocritical gasbag.
See I remember the thread though Im not jobless (hint)

 

[danger007]

it's funny many getting personal insult ... just i suggested a name... at the same time these morons insulting entire religion for few Idiots... glad they have good training... those who oppose modi are anti hindus = Anti national... weird logic...

 

[Joe Shearer]

THAT thread can hardly be termed as classy. I rather saw it as a pitiful attempt to garner some attention by a hypocritical gasbag.
See I remember the thread though Im not jobless (hint)

This thread is about Raghuram Rajan, not about you. Not even about me. Nor what you saw. Most of all, or least of all, about the other half, which you remember. Shows how jobless you are.

 

[cerberus]

1) Osborne Smith 1 April 1935 30 June 1937 2 years, 90 days

2) K. G. Ambegaonkar 14 January 1957 28 February 1957 45 days

3) L. K. Jha 1 July 1967 3 May 1970 2 years, 306 days

4) B. N. Adarkar 4 May 1970 15 June 1970 42 days

5) N. C. Sen Gupta 19 May 1975 19 August 1975 92 days

6) K. R. Puri 20 August 1975 2 May 1977 1 year, 255 days

7) M. Narasimham 3 May 1977 30 November 1977 211 days

8) Manmohan Singh 16 September 1982 14 January 1985 2 years, 120 days

9) Amitav Ghosh 15 January 1985 4 February 1985 20 days

10) S. Venkitaramanan 22 December 1990 21 December 1992 1 year, 365 days

List of RBI gov who have either been removed/term not renewed /quit less than 3 years .

it has happened 10 times why this hullabaloo now


I personally disagree with Swamy on his comments. Neither India nor RBI can survive if it is dependent on one individual. India paid a heavy price by the clamour of the chatteretti class when the were shouting "Nobody can replace Nehru or Indira Gandhi or Rajive Gandhi" and we gave a free run to these persons. We cannot afford to do it now.

If Rajan wants to go let him go. Heavens will not not fall, may be we will get a better person to do the job. The objective of the the criticism seem to be a man appointed by the previous dispensation is being replaced by the new Govt. No one writes why Rajan was given only 3 years instead of 5 years by the previous Govt. It is intriguing when some of the direct beneficiaries of RBI policies like FII and corporate honchos bat for Rajan's continuation. Time we get rid of the notion of "irreplaceable"

 

[Laozi]

It is helpful to get this confirmation that your brain is damaged to the same extent as Susu.

positively rated +1
keep up the good work
Forum needs brains like you
regards

 

[danger007]

1) Osborne Smith 1 April 1935 30 June 1937 2 years, 90 days

2) K. G. Ambegaonkar 14 January 1957 28 February 1957 45 days

3) L. K. Jha 1 July 1967 3 May 1970 2 years, 306 days

4) B. N. Adarkar 4 May 1970 15 June 1970 42 days

5) N. C. Sen Gupta 19 May 1975 19 August 1975 92 days

6) K. R. Puri 20 August 1975 2 May 1977 1 year, 255 days

7) M. Narasimham 3 May 1977 30 November 1977 211 days

8) Manmohan Singh 16 September 1982 14 January 1985 2 years, 120 days

9) Amitav Ghosh 15 January 1985 4 February 1985 20 days

10) S. Venkitaramanan 22 December 1990 21 December 1992 1 year, 365 days

List of RBI gov who have either been removed/term not renewed /quit less than 3 years .

it has happened 10 times why this hullabaloo now


I personally disagree with Swamy on his comments. Neither India nor RBI can survive if it is dependent on one individual. India paid a heavy price by the clamour of the chatteretti class when the were shouting "Nobody can replace Nehru or Indira Gandhi or Rajive Gandhi" and we gave a free run to these persons. We cannot afford to do it now.

If Rajan wants to go let him go. Heavens will not not fall, may be we will get a better person to do the job. The objective of the the criticism seem to be a man appointed by the previous dispensation is being replaced by the new Govt. No one writes why Rajan was given only 3 years instead of 5 years by the previous Govt. It is intriguing when some of the direct beneficiaries of RBI policies like FII and corporate honchos bat for Rajan's continuation. Time we get rid of the notion of "irreplaceable"

the problem is not removing him.. but dragging him into politics but accusing him and insulting a Head of institution such as RBI .. RBI governor should be independent to the politics instead of rubber stamp..

 

[Joe Shearer]

positively rated +1
keep up the good work
Forum needs brains like you
regards

Ah, how nice it would be coming from someone well-regarded by the company and seen to be of worth.

 

[Laozi]

Ah, how nice it would be coming from someone well-regarded by the company and seen to be of worth.

I know by being in good books of 'company' one surely get rewarded positively.

May you achieve whatever satisfies you

BTW why a professional like you is compelled to use Bold Letters, not being heard lately ?

regards

 

[Joe Shearer]

I know by being in good books of 'company' one surely get rewarded positively.

May you achieve whatever satisfies you

BTW why a professional like you is compelled to use Bold Letters, not being heard lately ?

regards

Not being able to see the posts.

 

[cerberus]

the problem is not removing him.. but dragging him into politics but accusing him and insulting a Head of institution such as RBI .. RBI governor should be independent to the politics instead of rubber stamp..

Politics is Played at both Level.Well Raghuram Rajan was Exceptional It was his Decision in the End. But there are abundant Talent in India to fill His Shoes.

I Will Wait For New RBI Governor Until I Criticize Govt.Because Appointment will be in Direct Govt Authority And It Implications Will Direct Effect there Policy

 

[Laozi]

Not being able to see the posts.

Sorry to hear about your problem.

Don't take it lightly

Get it fixed asap

regards

 

[cerberus]

Who Will Replace Raghuram Rajan At RBI?


URJIT PATEL:

⁠⁠⁠One of the RBI's four deputy governors, Mr Patel, 52, was reappointed in January for another three years. He has run the central bank's monetary policy department since 2013 and is viewed as a leading contender for the governor's job.

Seen as a close lieutenant to Dr Rajan, Mr Patel headed a committee that introduced landmark changes including a switch to inflation-targeting and adopting consumer prices as the new benchmark instead of wholesale prices. The changes he helped drive are considered to be among the most significant monetary policy reforms since India opened up its economy in 1991.

Mr Patel, whose remit at the RBI included managing money markets, has faced criticism from market participants, however, with some traders and bankers complaining that he kept liquidity tight at a time when the RBI was lowering rates, starving banks of cash.

ARUNDHATI BHATTACHARYA:

A high-profile banker, Ms Bhattacharya has been at the helm of India's largest lender -- State Bank of India -- since late 2013 and has earned praise from investors for her management of the bank's mountain of bad debt. She was named in the Forbes list of world's 100 most powerful women.

Ms Bhattacharya, 60, whose term as the chair at State Bank of India ends later this year, is perceived as another front runner in the race.

She was reportedly among the candidates interviewed to head India's capital markets regulator before the government made a last-minute decision to extend the term of the incumbent. She has spent her entire career in the banking sector and never held any policy roles.

RAKESH MOHAN:

Mr Mohan, 68, had two stints as a deputy governor of the RBI. He also served as secretary at the department of economic affairs at the Indian government's finance ministry and held positions at the International Monetary Fund (IMF).
Mohan was in charge of monetary policy, financial markets, economic research and statistics at the RBI.

SUBIR GOKARN:

Mr Gokarn, 56, also a former deputy RBI governor, currently serves as an executive director at the IMF. He looked after monetary policy during his three years at the central bank until the end of 2012.

ASHOK LAHIRI:

Mr Lahiri, 64, a former chief economic adviser to the Indian government, also served the Asian Development Bank as an executive director.
He is the non-executive chairman of Bandhan Bank, one of India's newest lenders.

ASHOK CHAWLA:

Mr Chawla, 65, was last month appointed as the chair of the National Stock Exchange, India's biggest bourse. He stepped down as chairman of Competition Commission of India earlier this year.

He has been a civil servant for most of his career, and has served on the board of the Reserve Bank of India. He has also been a director for state-run Oil and Natural Gas Corp.

VIJAY KELKAR:

The 74-year-old economist has held several positions with the Indian government, including as a finance secretary.

He has authored several reports for the government, most recently writing about reviving public-private partnerships for infrastructure projects. Kelkar chalked out a fiscal consolidation roadmap under the previous government.



http://www.ndtv.com/india-news/seven-names-on-long-list-to-replace-rbis-rajan-official-1420762

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SUBIR GOKARN:
Subir Vithal Gokarn,(born 3 October 1959) was one of the four Deputy Governors of the Reserve Bank of India along with Anand Sinha, K. C. Chakrabarty and H. R. Khan. He has been replaced by Urjit Patel as of January 2013.

Appointed by the Government Of India on 19 November 2009 for a three year term beginning 24 November 2009,[3]he succeeded Rakesh Mohan[4] after the latter took up an assignment for six months and joined the Stanford Center for International Development at Stanford University, US.

Prominent economists like Jahangir Aziz (Chief Economist, JP Morgan) and Dr.Arvind Virmani ( Senior Economic Advisor -Ministry of Finance (India)) were also considered for the post that was eventually handed to Dr.Gokarn after a decision by a search panel headed by Duvvuri Subbarao and comprising Janki Ballabh (former SBI Chairman) and Vepa Kamesam (former Deputy Governor- RBI).