As Rajan points out earlier its entirely possible that savings could increase as interest rates fell.
Mr. Kumar fled to Muzaffarpur, his home town, according to Rajan Bhagat, a police spokesman.
But as Mr Rajan's report makes clear, the country still suffers from financial malnutrition.
And the IMF's economic counsellor, Raghuram Rajan, puts it all too presciently in a new paper.
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Delhi police spokesman Rajan Bhagat refused to comment on the allegations, citing legal restrictions.
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"How to jump start the economy is a big issue the government is tackling, " Professor Rajan says.
Police spokesman Rajan Bhagat told AFP news agency that a case had been filed against the broadcaster.
Under certain circumstances, Mr Rajan notes, this stock of debts can cast a shadow over a country's prospects.
Mohebbi and Rajan S. Patel et al. Nature, vol 457, February 19th 2009.
But Mr Rajan's report suggests that small banks could aggregate the demands of farmers up to a practical size.
Delhi Police Spokesman Rajan Bhagat said the three cricketers are in police custody.
De-encrypting those applications will be extremely difficult, said Rajan Mathews, director general of the Cellular Operators Association of India.
In the summer 2008 issue of the Journal of Economic Perspectives, Messrs Prasad and Rajan offer an intriguing proposal.
The authors analyse votes on the credit-expansion measures cited in Mr Rajan's book.
Sysco is well organized and careful not to overstretch itself, says Rajan Chaudhry, an analyst with Credit Suisse First Boston.
Mr. Rajan said also the government needs to reduce expenditure, and that a judicious cut may not hurt long-term growth.
Mr Rajan's solution is to move away from the big ideological questions, where India has debated itself into a corner.
Rajan Bharti Mittal, chief of this operation, says his two biggest headaches are shortages of skilled workers and affordable land.
For the area around the Mudumalai reserve, where Rajan is from, he helps fund 15 schools that enroll nearly 2, 300 students.
"Security isn't enhanced by virtue of equipment being manufactured domestically, " said Rajan Mathews, director general of the Cellular Operators Association of India.
Mr Rajan's story was intended as a narrative of the subprime crisis in America, not as a general theory of financial dislocation.
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The opinions expressed in this piece are solely those of Rajan Menon.
Mr. Rajan said, however, that there are signs of India's exports stabilizing.
Mr Rajan, however, was the fund's chief economist when it tried, with little success, to get a serious conversation going on this matter.
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Other large, mostly unsecured loans were made to Saudi tycoon Adnan Khashoggi and the late "biscuit king, " Rajan Pillai, according to the bank report.
New Delhi police spokesman Rajan Bhagat said police responded to reports of gunfire at Indira Gandhi International Airport but found no casualties or damage.
Delhi police spokesman Rajan Bhagat told the AFP news agency that police had launched a probe into the rape and "attempted murder" of the girl.
"The best way to get a jump-start is to fly on the wings of larger players, " says youngest sibling Rajan Mittal, articulating the brothers' philosophy.
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