Business Economy 05 Sep 2017 Watch: Raghuram Raja ...

Watch: Raghuram Rajan says never backed note ban

DECCAN CHRONICLE.
Published Sep 5, 2017, 3:14 pm IST
Updated Sep 5, 2017, 3:14 pm IST
RBI on Nov 8 last year had scrapped old Rs 1,000 and Rs 500 notes as part of fight against black money.
Former RBI governor Raghuram Rajan says he was never offered a second term at the central bank. (Photo: AP)
 Former RBI governor Raghuram Rajan says he was never offered a second term at the central bank. (Photo: AP)

Mumbai: Former RBI governor Raghuram Rajan in his book, “I do what I do” has revealed that he was never in the favour of note ban imposed by the NDA government and had warned them about the consequences of demonetisation.

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