Global fund managers hail Raghuram Rajan for good work

• As per the experts, Reserve Bank of India (RBI) Governor Raghuram Rajan is one of the best central bankers across the world as he has a good grip on monetary policies.After Marc Faber, Jim Rogers of Rogers Holdings has joined the bandwagon of experts who have appreciated recent decisions taken by the RBI chief.Not only this, India has been among the best-performing emerging markets amid a global currency rout against the dollar in a capital flight not seen since the collapse of Lehman Brothers in 2008.Investors across the world praised India as it avoided the mistakes of other central banks that kept interest rates low to stimulate growth.

• "One of the advantages that India has other than having the lot of smarter people is that your central banker (Raghuram Rajan) is probably the best central banker in the world, or at least, the least bad central banker in the world," said Jim Rogers of Rogers Holdings in an interview with ET Now on Friday.Rogers said that he had always admired what the RBI chief did.

• He cannot save India, but you certainly have the least bad central banker in the world and I hope he continues being like that," he added.Rogers added that he is delighted to see, and even though he does not own the rupee, he is certainly watching what he does and what he says.Even at a time of global rout in world equities, Rajan said in an exclusive interview with ET on Wednesday that global financial markets may be in turmoil, but Indian investors shouldn't worry too much.Earlier in August, Marc Faber said he did not trust central bankers except that of India's, since he has a solid grip on monetary policies, while the other monetary authorities around the world were basically money printers.

• "Mr Raghuram Rajan is an outstanding man who understands central banking.

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