India 'actually lending to IMF'
India's new central bank governor, Raghuram Rajan, says that India has enough money to pay for all of its short-term debts tomorrow if it is needed and is not in danger of a crisis.
Giving his first international interview in the post, he said the country had reserves equal to 15% of GDP and, "we're actually lending money to the IMF".
He has been dubbed "India's rock star central banker" - he told BBC chief business correspondent Linda Yueh it would end when people realised that, "central bankers are boring conservative people".
- From the section Business