Who’s Batting For Raghu And Who’s Not
- Narendra Modi
PM has not openly spoken about Rajan, but after the initial cold vibes, signals suggest a certain comfort level with the top banker
- Arun Jaitley
Has sparred with Rajan on interest rates, and talks of a “mature relationship” but repeated speculation about Rajan’s future indicates discord
Sections do not like Rajan’s political statements, but there is clarity that perception management about the economy rests with Rajan—not Jaitley
- Subramanian Swamy
Has made no bones about wanting Jaitley’s job, and is leading an RSS drive to remove Rajan on the grounds that he has stymied economic growth.
- India Inc
Big guns like Adi Godrej and Uday Kotak have come out in support of Rajan, an indication of his global heft, but it’s no secret over-leveraged firms have...