22 Quotes by Raghuram G. Rajan

Government, even in a democracy, can be captured by a small, well-organized class that has little interest in seeing broad-based access to finance.

Should the Governor disappear from public view and not speak for fear of misinterpretation, or should he take the risk in order to discharge his responsibilities?

Politicians today vow, “Never again!” But they will naturally focus only on dealing with a few scapegoats, not just because the system is harder to change, but also because if politicians traced the fault lines, they would find a few running through themselves.

The Indian public would benefit from more competition between banks, and banks would benefit from more freedom in decision making.