Raghuram Rajan
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India central bank boss promises action

5 September 2013 Last updated at 03:04 BST

The new head of India's central bank, Raghuram Rajan, has said he will take strong measures to tackle the issues facing the economy.

Mr Rajan, a former chief economist at the International Monetary Fund, takes over at a time when India's economy is grappling with challenges on various fronts.

Its currency has weakened sharply and its growth rate has dipped to a 10-year low.

The BBC's Sameer Hashmi reports from Mumbai on what is expected from the new governor.