100 Quotes by Raghuram Rajan

Indian-ness, love for your country, is complicated. For every person, there is a different way that you show respect for your country... my mother-in-law will say karmayogi is the way to go - do your work.

How do we get more politicians to move from 'fixing' the system to reforming the system? The obvious answer is to either improve the quality of public services or reduce the public's dependence on them. Both approaches are necessary.

The problem with forbearance is that it always looks like a good thing to do until it stops working.

I have said repeatedly that the way to sustainable growth is to bring down inflation to much more reasonable levels.

In a competitive industry, only paranoid incumbents - those constantly striving for betterment - have any hope of surviving.

Instead of abandoning competition and giving banks protected monopolies once again, the public would be better served by making it easier to close banks when they get into trouble. Instead of making banking boring, let us make it a normal industry, susceptible to destruction in the face of creativity.

What is important for a central banker is that you have to convey that you know what you are doing.

I'm not a publicity hound, I hope.

Central bankers have had enormous responsibilities thrust on them to compensate, essentially, for the failings of the political system. And my worry is we don't have sufficient tools to do that, but we're not willing to say it.