RBI is seat belt if government is driver: Raghuram Rajan
Ex-RBI Governor Raghuram Rajan has said RBI is a seat belt for the government, which is a driver. "(If) you do not put on your seat belt you get into an accident and the accident can be quite severe," Rajan added. "Once you have appointed...deputy governors and governor, you have to listen to them...they're your safety belt," he further said.