Rajan awarded Best Central Bank Governor

Reserve Bank of India (RBI) Governor Raghuram Rajan was conferred with the Best Central Bank Governor of the Year Award 2014 by Euromoney magazine in Washington (US) on Oct 10, the RBI said Wednesday. While announcing the award Euromoney said, Rajan’s tough monetary medicine combatted the storm ravaging the deficit-ridden economy in the recent emerging market crisis.