India's biggest airline IndiGo is set to file the prospectus next week for a domestic stock market listing.
The RBI chief was speaking to researchers at an analyst call.
RBI governor does not want to move in haste for achieving financial inclusion.
Rajan also said weak results from India's corporate suggested final demand is yet to pick up strongly.
Analysts expect the Reserve bank to cut rates in next monetary policy.
The new bond was changing hands at 7.72 per cent.
Rajan was speaking at a news conference.
The introduction of GST would constitute India's biggest reform.
'Both IIP and CPI inflation numbers are showing a huge disconnect from the leading indicators.'
Sebi has long struggled with balancing the needs of small investors and those of the market.
S&P warned about spending on subsidies and heavy government debt.
Sahoo panel suggests India must ease global borrwoging norms for corporate houses.
The RBI targets inflation at 6 percent by January 2016 and 4 percent for 2017/18.
The 30-share Sensex was up 191 points at 28,707.75 and the 50-share Nifty was up 54 points at 8,714.
RBI governor Raghuram Rajan says a cut in cash reserve ration will not at all impact lending rates.
Offshore rupee debt was likely to attract good demand
So far this year, there have been 76 private equity investments in India
Market regulator Sebi to support stert-ups raise funds.
State-owned banks have amassed bad loans faster than private sector lenders.
India builds up record FX after Fed hints rate hike in future.
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