File Photo of Raghuram Rajan, former governor of the Reserve Bank of India (Photographer: Dhiraj Singh/Bloomberg)

Ex-RBI Chief Rajan Flags Risks for India’s Overseas Debt Plan

Jul 13 2019, 6:24 AMJul 13 2019, 8:01 AMJuly 13 2019, 6:24 AMJuly 13 2019, 8:01 AM

(Bloomberg) -- India’s plan to issue foreign currency debt has no real benefit and is fraught with risks, according to former Reserve Bank of India governor Raghuram Rajan.