Raghuram Rajan's achievements, talents, politics behinds his re-signature are discussed.

1. Anitha Jesinth. M
II MBA

2. • Born in a Tamil family- father Govindarajan, an Indian
Police service officer- newly created external intelligence
unit
• RR education- school in Delhi Public School- Electrical
Engineering at IIT-Delhi- gold medal as Best all round
student- PGDM at IIM, Ahmedabad- PhD at MIT School of
Management- Honorary Doctorate by London Business School
and Hong Kong University of Science and Technology.

3. • Visiting professor at Stockholm School of Economics, Kellogg
School of Management and MIT Sloan School of Management.
• Professor at Booth School of Business at the University of
Chicago.
• In 2008, Dr. Manmohan singh appointed Rajan as honorary
economic adviser.
• In 2013, Rajan took the RBI governor.

4. • After his first day at office, the rupee rose 2.1% against
the US dollar.
• Brought inflation rate from 9.8% to 3.78%
• After his two years of service, India’s forex reserve is
now stronger by about 30%
• Under Rajan, two universal banks have been licensed
and eleven payment banks have been given the nod.

5. Rajan has made an immense contribution to the field of
economics, the greatest being his prediction of the
economic turmoil in the US and Europe during 2008-2012.
The prediction cemented his position among some of the
greatest economists of our times.

6. 1. He Is Always Ahead Of The Markets And Is A Forward Thinker Who
Thinks Outside The Box
2. He is revered all over the world as one of the best financial analysts
3. He does not succumb to the pressures of the government.
4. He has been instrumental in bringing indian economy back on the
growth trajectory.

7. 5. People Listen To Rajan Because He Is A Straight Talker
6. Rajan Has An Eye For Detail
7. He Came Back To Work For India Despite Good Offers
From Other International Organizations

8. Even top industrialist Anand Mahindra tweeted, “Raghu Rajan
gave a master class in how to handle your first day in a new
leadership role during a crisis. Be calm, collected and
communicative.”
Rajan is a good public speaker; somebody clearly trained in
the American way of speech who puts a premium on
communicating complex ideas in a simple idiom with a
casual, friendly air of authority. It’s a combination of
leadership skills mostly lacking in several of our government
institutions.

9. • Although his move might help in killing inflation, Rajan has
been criticized by some for being slow in cutting interest
rates.

10. • He lacked support from his political bosses Finance Minister Arun
Jaitley and Prime Minister Narendra Modi
• Though he is eligible for another 2 years, the committee asks him
to re-apply for his own job.
• Rajan faced intense pressure from Subramanian Swamy, BJP who
says RR works under the umbrella group RSS.
• Swamy also claimed RR “mentally not fully Indian” calling Modi
to terminate him with immediate effect.

11. • Rajan will leave the RBI richer by $91 billion when he hands
the baton to Urjit Patel. In addition to forex reserves,
various other macroeconomic indicators have improved
significantly during his term in office.
• Raghuram Rajan has gone back to what he loves doing, he
joins as a Lecturer in University of Chicago.
Legacy’s end..

12. Thank you