What's Next for Rajan and the RBI?

The video discusses the reemergence of a financial idea in India, initially proposed in February but gaining traction now due to the country's financial challenges, including bad loans and budget deficits. Raghuram Rajan, the current central bank governor, opposes the idea, emphasizing the need for state-owned banks to clean up their balance sheets. He believes the central bank should maintain its current dividend policy. However, with Rajan leaving soon, the future of this idea may depend on the new governor's stance.

What financial issue is currently affecting banks in India?

• Currency devaluation

• Stock market crash

• Bad loans

• High inflation rates

Why is the government looking for funds on the public balance sheet?

• To increase foreign reserves

• To fund infrastructure projects

• To meet budget deficit pledges

• To reduce taxes

What is Raghuram Rajan's stance on the financial idea being discussed?

• He opposes it

• He has not commented

• He is neutral

• He supports it

What has Raghuram Rajan been pushing for regarding state-owned banks?

• To increase their lending rates

• To reduce their workforce

• To clean up their balance sheets

• To expand internationally

What could be a condition for the new governor taking the job?

• Increasing foreign investments

• Reducing interest rates

• Expanding the central bank's role

• Implementing the financial idea