Raghuram G. Rajan

Economist · Former Governor of the Reserve Bank of India · Chicago Booth Professor

About

Raghuram G. Rajan is an internationally recognized economist, finance scholar and former central banker whose work spans banking, financial markets, monetary policy, economic development and global finance.

He is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. He previously served as the 23rd Governor of the Reserve Bank of India from 2013 to 2016 and as Chief Economist and Director of Research at the International Monetary Fund from 2003 to 2006.

Rajan's academic research focuses on banking, corporate finance, financial intermediation, regulation and economic development. He has written extensively on the relationship between financial systems, economic growth and institutional structures.

His books include Fault Lines: How Hidden Fractures Still Threaten the World Economy, which won the Financial Times and Goldman Sachs Business Book of the Year Award, The Third Pillar: How Markets and the State Leave the Community Behind, and Breaking the Mold: Reimagining India's Economic Future, co-authored with Rohit Lamba. His next book, Between Profits and Purpose: The Company in a Fracturing World, is scheduled for publication in January 2028.

Rajan remains active in global economic policy discussions. His 2026 work has addressed central-bank balance sheets, monetary policy, AI and the future of service-led growth, energy shocks, global trade, financial stability and India's economic trajectory.

He also serves as Chairman of the Group of Thirty and the Per Jacobsson Foundation, and is involved in advisory roles across financial institutions and economic policy organizations.