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RBI Governor Rajan Says no to Second Term, Congress Calls it India's Loss

Sun, Jun 19, 2016, 01:21 AM
Reserve Bank of India (RBI) Governor Raghuram Rajan said on Saturday he will leave the central bank when his term ends on September 4 and plans to return to academia. Raghuram Rajan was a popular economist at the IMF and he was popular and was cheered by the investors for his efforts before taking the reigns of RBI. The Congress has termed Rajan's exit a loss to India and Rahul Gandhi took potshots at PM Modi by satirically saying that Modi knows everything and doesn't need experts like Rajan.
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