Rajan says RBI governorship not meant to win Facebook 'likes'

September 04, 2013 21:14

New RBI Governor Raghuram Rajan today said stewardship of the central bank is not a popularity contest or a social networking trend, indicating he is ready for taking some tough decisions.

"Any entrant to the central bank governorship probably starts at the height of their popularity," he said at his maiden press briefing after taking over as the 23rd Governor of the Reserve Bank of India.

"Some of the actions I take will not be popular. The Governorship of the central bank is not meant to win one votes or Facebook "likes."

« Back to LIVE

TOP STORIES

T20 World Cup: 'Exclusion of Rinku was the toughest call'

Rinku, who is not having a great IPL season as he is not getting to face enough balls, though made it to the list of reserves.

BJP drops Brij Bhushan, fields son instead from Kaiserganj

The party also named Dinesh Pratap Singh as its candidate from Rae Bareli, a Gandhi family bastion which was won by former Congress president Sonia Gandhi five consecutive times.

Tracking Poll Mood On The Brahmaputra Mail

Amid the rhythmic chug of the train, a chorus of voices rises, each bearing its tale of hope and despair.

Halt illegal mining in Aravallis, act against officials: SC

A bench of Justices BR Gavai and Abhay S Oka said the governments must ensure that action is taken against erring officials.

'Shouldn't Have Refused Single'

Dhoni refused a seemingly easy single after hitting the ball, leaving many, including former cricketer Irfan Pathan, perplexed.