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Raghuram Rajan
9 quotes
“Not taking risks one doesn't understand is often the best form of risk management.”
Raghuram Rajan (born 1963) first seen 2010 wikiquote, CC BY-SA 4.0 source
Recorded in: From his book: Fault Lines: How Hidden Fractures Still Threaten the World Economy (2010)
“On the retail side, I particularly want to emphasize the use of the unique ID, Aadhaar, in building individual credit histories. This will be the foundation of a revolution in retail credit.”
Raghuram Rajan (born 1963) first seen 2013 wikiquote, CC BY-SA 4.0 source
Recorded in: On Aadhaar, as quoted in "Raghuram Rajan's first speech as RBI governor", Firstpost (5 September 2013)
“Promoters do not have a divine right to stay in charge regardless of how badly they mismanage an enterprise, nor do they have the right to use the banking system to recapitalize their failed ventures.”
Raghuram Rajan (born 1963) first seen 2013 wikiquote, CC BY-SA 4.0 source
Recorded in: As quoted in "Raghuram Rajan's first speech as RBI governor", Firstpost (5 September 2013)
“Expectations are high. Clearly I am not a superman. There is a little bit of euphoria in India. I have a wife and two kids.”
Raghuram Rajan (born 1963) first seen 2013 wikiquote, CC BY-SA 4.0 source
Recorded in: On the expectations from him as the Governor of Reserve Bank of India, as quoted in "I am not a superman: Raghuram Rajan", Business Standard (14 October 2013)
“If you are an outsider looking at India, learn to filter out both the irrational exuberance and the excessive pessimism. We're subject to both. You will become manic-depressive if you follow our moods.”
Raghuram Rajan (born 1963) first seen 2013 wikiquote, CC BY-SA 4.0 source
Recorded in: As quoted in "Economy will pick up by year-end, says RBI chief", Reuters (16 October 2013)
“A 007 James Bond image is very dangerous for a central banker to have.”
Raghuram Rajan (born 1963) first seen 2014 wikiquote, CC BY-SA 4.0 source
Recorded in: On hearing that he was being compared to James Bond, as quoted in "Raghuram Rajan interview: ‘I’m no Bond. I’m a banker on the move’", The Times of India (31 August 2014)
“Indeed, if what you do offends me but does not harm me otherwise, there should be a very high bar for prohibiting your act. After all, any ban, and certainly any vigilante acts to enforce it, may offend you as much, or more, than the offence to me. Excessive political correctness stifles progress as much as excessive license and disrespect.”
Raghuram Rajan (born 1963) first seen 2015 wikiquote, CC BY-SA 4.0 source
Recorded in: On excessive political correctness and bans, as quoted in "Hasty bans hinder progress: Raghuram Rajan", The Hindu (31 October 2015)
“Improving the opportunities across the board is extremely important to sustain the legitimacy of wealth. If a whole horde of people, whole sections of society don't feel they have the opportunities, then the focus is going to be on those who have it and who have made it and say that is illegitimate.”
Raghuram Rajan (born 1963) first seen 2016 wikiquote, CC BY-SA 4.0 source
Recorded in: On the rising suspicions towards self-made people after the Panama Papers leak, as quoted in "‘Panama Papers’ furore: RBI Guv Raghuram Rajan says ‘dangerous’ to question legitimacy of self-made wealth", The Financial Ex…
“I think we have still to get to a place where we feel satisfied. We have this saying - "In the land of the blind, the one-eyed man is king". We are a little bit that way.”
Raghuram Rajan (born 1963) first seen 2015 wikiquote, CC BY-SA 4.0 source
Recorded in: On India's performance amid the 2015 world economy slow down, as quoted in "India 'one-eyed' king in land of blind, says Rajan", Business Standard (16 April 2016)