OTP sent to


× logo

The Free 30-Day CAT RC Course

"It is designed to help you excel in the upcoming CAT 2025 exam"

-By Lavleen Kaur Kapoor. Over 2,00,000+ Subscribers

read more

No thanks >

RBI Governor visits IIM Raipur

Trusted By 12k+ Aspirant
Free
RC
Course
Price 2500 Free
CAT Exam Mega Combo Free
  • exam
    CAT Exam Option Elimination Technique Score 99% Percentile
  • morning-routine
    Daily Routine of Toppers For CAT Preparation
  • tips-tricks
    Tricks that Boost your VARC Score Booster Dose for CAT exam
We are rated~
rating
450K+
Registered Aspirants
100+
B-Schools Partners
25+
Entrance Exams
MBA Rendezvous Free CAT Study Material
Download CAT Mega Combo with RC Course
+91
Secure
We don’t spam
Please wait. We Are Processing..
Your personal information is secure with us
By clicking on "Get Now" you agree to our Privacy Policy and Terms of use
We are rated~
rating
450K+
Registered Aspirants
100+
B-Schools Partners
25+
Entrance Exams
RBI Governor visits IIM Raipur
Dr. Raghuram Rajan, Governor of Reserve Bank of India visited Indian Institute of Management Raipur, on the 4th of October, 2013. He was welcomed by Prof. B.S. Sahay, Director, IIM Raipur who eulogized his midas touch which brought positivity in the country and stock markets. He also thanked him for addressing the students in spite of his busy schedule. 
 
In his opening remarks, Dr. Rajan started with where our nation’s economy stands. He likened the perception of economy in our country to that of the cricket team. When the going is good, we turn them into Gods and when the going is bad, we throw stones at them. 
 
We first overlook the weaknesses and then when the growth declines, we conclude that the downfall was due to the weaknesses.  The weaknesses however existed throughout. He said it that it is important to create sustainable growth. There has definitely been a positive change in the sentiment and the Current Account Deficit which was going to take the country to crisis, may be under control for the time being. 
 
He stressed upon the fact that the lack of project implementation has held up growth and now that several projects have been cleared, he expects a change in the sentiment of the country. The good monsoons will bring about growth in the agricultural sector which will decrease inflation. 
 
Moreover, growth in the trading portals implies more exports, increase in consumption, and increase in investments which will in turn help to bring the economy back on track. 
 
He took up several questions put up by the audience and explained his ideas on banking licenses, on balancing growth with inflation and on the RBI abolishing zero percent EMI welfare scheme before the festive season. 
 
He said that protecting consumers against malpractices is a priority for the central bank and all their policies are for the benefit of the people. He also said that inflation and growth go hand in hand and they can co-exist.  
 
He stated that the RBI is trying to maintain a stable and relatively low inflation rate which will help growth in the long term. His message to the budding managers of IIM Raipur is to find what one really wants in life and to pursue it in the new and vibrant India where choices are galore. 
 
He elucidated with the famous Sanskrit shloka, ‘Karmanye vadhikaraste ma phaleshu kadachana,’ that is ‘do your duty and do not worry about the fruits,’ as mentioned in the Indian scriptures, is what he believes in and puts to practice. 
 
 Stay informed , Stay ahead and Stay inspired with MBA Rendezvous