Raghuram Rajan

Economist

Indian Bhopal, Madhya Pradesh, India

Quick Info

ProfessionEconomist
NationalityIndian
Date of Birth03/02/1963
Age63 years
BirthplaceBhopal, Madhya Pradesh, India

Latest News about Raghuram Rajan

16/07/2026

Raghuram Rajan was appointed to a US Federal Reserve working group focused on reviewing the central bank's balance sheet policy. The task force is part of a broader effort to reassess monetary policymaking after years of elevated inflation.

11/06/2026

Raghuram Rajan questioned India's official GDP growth narrative of over 7 percent, saying it is hard to reconcile with weak corporate investment and slowing foreign capital inflows. He pointed to weak foreign direct investment and high oil prices as concerns that could be distorting the growth picture.

25/02/2026

Raghuram Rajan urged the Indian government to frame Union Budget 2026-27 around a longer-term strategy for building economic resilience. He called for reforms that support growth, attract foreign investment, and strengthen integration with global supply chains while warning about trade tensions and external dependence.

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Bio/Wiki

Full NameRaghuram Govind Rajan
Nickname(s)Raghu, Rajan

Physical Stats & More

Height185 cm
Eye ColorBlack
Hair ColorBlack

Educational Qualification(s)

SchoolDelhi Public School (DPS), R. K. Puram, New Delhi
CollegeIndian Institute of Technology, Delhi, Indian Institute of Management Ahmedabad, MIT Sloan School of Management, Cambridge, Massachusetts, United States
Educational Qualifications
  • Bachelor's Degree in Electrical Engineering
  • Post Graduate Diploma in Business Administration
  • PhD course in the theory of financial decisions

Personal Life

ReligionHinduism
Hobbies
  • Writing
  • Sports
  • Quiz
  • Puzzles
  • Sudoku
  • Exercise
  • Playing Video Games

Relationships & More

Marital StatusMarried
WifeRadhika Puri (Teacher at the University of Chicago Law School)
Children1

Family

FatherR Govindarajan (IPS officer)
Siblings
  • Srinivas Rajan
  • Mukund Rajan (left the Tatas in March 2018 to begin life as an entrepreneur)
  • Jayashree Rajan

Career

ControversiesIn 2005, he delivered a controversial paper at the US Federal Reserve. In the paper, he doubted the financial development for the riskier world and was criticized by many economists at that time.
Favourites
Food
  • South Indian Dishes
  • Paneer Birbali
  • Coffee

Some Lesser Known Facts

1. He does not smoke.
2. He does not drink alcohol.
3. His father topped his 1953 IPS officer batch.
4. He believed his father was a diplomat.
5. He aspired to be India's Prime Minister in his youth.
6. He played in the school orchestra.
7. In an interview, he shared he did not have a blazer in school.
8. In 1985, he received the Director’s Gold Medal at IIT, Delhi.
9. In 1987, he was awarded a Gold Medal at IIM Ahmedabad.
10. His Ph.D. thesis was titled 'Essays on Banking'.
11. He won the inaugural Fischer Black Prize in 2003.
12. He predicted the 2008 financial crisis in 2005.
13. He served as Chief Economist at the IMF from 2003 to 2006.
14. He became Chief Economic Adviser to India’s Finance Ministry in 2012.
15. He became the youngest RBI Governor in 2013.
16. In 2014, he was a candidate to head the IMF.
17. He received the Best Bank Governor Award in 2014.
18. He was named in Time magazine's '100 Most Influential People in the World' list in 2016.
19. His book 'Fault Lines' won the FT-Goldman Sachs best business book prize in 2010.
20. His book 'I Do What I Do' was released in September 2017.
21. In an interview, he shared his son's perception of him.
22. He follows a vegetarian diet.
23. He is known as a 'Rockstar' and 'Financial Prophet'.
24. He joined Rahul Gandhi on the Bharat Jodo Yatra in Rajasthan in December 2022.
25. He is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business.
26. He was the 23rd Governor of the Reserve Bank of India from 2013 to 2016.
27. He served as Vice-Chairman of the Bank for International Settlements from 2015 to 2016.
28. He is the Harold W. McGraw, III Foundation Senior Fellow (adjunct) at the Hoover Institution.
29. He was president of the American Finance Association in 2011.
30. He is a member of the American Academy of Arts and Sciences and the Group of Thirty.
31. He co-authored the book 'Breaking the Mold' with Rohit Lamba, arguing India must focus on developing human capital as it has lost its labor cost advantage.
32. He has warned that profits in the AI sector are uncertain amid intense competition and lack of monopolies, despite real demand.
33. He has raised concerns about global liquidity risks, the yen carry trade, and rising tariffs affecting India's long-term growth.
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