Raghuram Rajan says he's not beholden to the Finance Ministry nor does he go around with the fear of being fired.
All eyes are on new Reserve Bank Governor Raghuram Rajan who will come out with his maiden monetary policy review on Friday amid conflicting demands for rate cut and an urgent need to contain inflation which soared to 6-month high of 6.1 per cent in August.
The price of vegetables in general rose by 77.81 per cent making life difficult for the common man.
Rajan's first few measures include swap window facility for banks to lure in NRI funds.
Costlier onion and other vegetables pushed up inflation for the third month in a row to 6.1 per cent in August, making it difficult for the RBI to cut rate in the monetary policy review due later this week.
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