Raghuram Rajan, who assumed the office on Sep 4, 2013 has completed two years as 23rd RBI Governor. The goverment had set a three year term for Rajan.

Commenting on the Governor's 2 years completion, Arun Singh, senior economist, Dun & Bradstreet India  said, "Dr Rajan's 2 years in office has been extremely valuable for the Indian economy.  His success in containing CPI inflation and inflation expectations as well as regaining investor confidence in the India economy. The Governor has also brought about some important changes to India's monetary policy framework."

"The measures taken to bring about resolution of a rising pile of stressed assets in  the banking system will show results in the years to come. With inflation easing, a rate cut is most likely in the next monetary policy. Lower interest rate can effectively bring about a turnaround in investment and hence growth," he added.