US praises Raghuram Rajan's monetary stewardship
The US State Department, in a report, has said that the outgoing RBI Governor Raghuram Rajan's "monetary stewardship" boosted India's​ investor sentiment. Further, the report also stated, "While India has progressively opened up to FDI, the overall attitude remains mixed." Equity limits for foreign capital in many sectors have proved to be a "deterrent to investment", it added.