Letters: Riding on glamour

T T Ram Mohan’s article, “Raghuram Rajan in the limelight” (September 19) was timely. Rajan’s recent visit has grabbed more headlines than it deserved. But the opening line that Rajan “conquered” the media was more a comment on its gullibility than his charm. The media stopped short of questioning his contribution during his tenure to the absurd drama of the non-performing assets playing out now. Although there was a surge in NPAs during Rajan’s term, he manages to lead a Teflon-coated existence.
 
On demonetisation, Rajan found it discomforting that black money has found its way into the banking system.