RBI Governor Raghuram Rajan says banks not at risk of crisis
"Bad loans are primarily in the public sector system, which means that the full faith and credit of the government is behind that," says Rajan.
Mumbai Last Updated: February 5, 2015 | 13:37 IST
Reserve Bank of India (RBI) Governor Raghuram Rajan speaks during a news conference, after the bi-monthly monetary policy review, in Mumbai, Febraury 3, 2015. (Photo: Reuters)