Will not accept second term, says RBI Governor Raghuram Rajan

Mumbai, June 18: RBI Governor Raghuram Rajan announces he will not accept second term and plans to return to academia.

“I am confident my successor will take us to new heights with your help. I will still be working with you for the next couple of months, but let me thank all of you in the RBI family in advance for your dedicated work and unflinching support. It has been a fantastic journey together,” Raghuram Rajan said in the letter to RBI staff.