Utilize the input text as a context reference, choose the right relationship between Raghuram Rajan and Reserve Bank of India from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Companies are still struggling to recover from those years of exuberance, and say that Reserve Bank of India Governor Raghuram Rajan ’s caution in cutting rates despite historically low inflation is making it harder for them to get back on track.

Answer: employer