RAGHURAM RAJAN IN 3 YEARS

Gunjan Solanki (49)

MAJOR POLICY DECISION

For solving problem of Non Performing asset(NPA) ,

government banks were instructed to sell their assets to
securitization firms
To improve CPI , Urjit patel, Deputy governor at IIFT
committee formed which targets the CPI restriction under
4%
Brought SDR Strategic Debt restructuring which proved
positive for banks, as now they can convert debt to equity
Improvement of banking system by starting deadline
driven culture to clean the bad loan
License of new 23 companies were allotted which will
help in market begin

MAJOR POLICY MAKING

During his tenure he adjusted the repo rate at 6.5 %,

CRR(Cash reserve ratio) at 4.0% and reverse repo at 6.0%

Focus on increasing the foreign exchange reserve from

$259 B to $359 B which makes the rupee will help to guard
the rupees strength

THANK YOU