Raghuram Rajan quote

Everyone may have some advise for the RBI. Some may advise, 'Cut your lending rates and raise the deposit rate.' How will a bank function? We take a medium term view. The bank has an 80-year-old history. I don't want to destroy it for a few decisions.
Raghuram Rajan

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The Third Pillar: How Markets and the State Leave the Community Behind
The Third Pillar: How Markets and the State Leave the Community Behind
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