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RBI Governor Raghuram Rajan to Return to Academia

RBI Governor Raghuram Rajan today (June 18)said no to a second term in the post, in a surprise announcement putting at rest all speculation over his continuance. “… on due reflection, and after consultation with the government, I want to share with you that I will be returning to academia when my term as Governor ends on September 4, 2016,” Rajan said in a message to the RBI staff.

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