In a commentary, Senior Associate Director of the SMU Office of Postgraduate Professional Programme S.N. Venkat wrote about what Singapore-based economists and business leaders thought the priorities of new governor of the Reserve Bank of India, Dr Raghuram Rajan, should be in order to bail out India. Most interviewed said they wanted Dr Rajan to control the rupee's volatility. Mr Venkat also quoted SMU Assistant Professor of Finance (Education) Aurobindo Ghosh as saying that he wished "to have Dr Rajan formulate a 'new quintuple mandate' for the Reserve Bank of India", with emphasis on price stability, low unemployment and inclusive growth with a forward-looking and stable financial institution.