RBI Governor Dr. Raghuram Rajan speaks during an interactive meeting organized by ASSOCHAM in Bengaluru, June 22. (Shailendra Bhojak | PTI)
Taking a dig at those writing his “obituaries,” RBI Governor Dr. Raghuram Rajan said, June 22, he will be around “a lot in India” even after leaving the central bank and should not be written off just yet. – #Siliconeer @Siliconeer #RaghuramRajan #RBI #RBIGovernor #India
The comments come within days of Rajan making public his no to a second term at Reserve Bank after his current three-year tenure ends on Sept. 4.
“I feel like in the last few days I have read a lot of my obituaries and I’m still here. I’m still here for two-and-half months in this job. After that I’m going to still be around somewhere in the world, probably a lot in India, so don’t write me off,” Rajan Said.
During the question-and-answer session, he further said, “The only thing I will say is that… I read these obituaries in the papers, I am still alive. I will leave this office in September, but I certainly will be coming in and out of the country on numerous occasions.”
“I will be reading and writing and I will be speaking at fora like this,” said Rajan, who has been hailed as a ‘rockstar’ central banker for containing inflation and checking rupee volatility despite global headwinds.
Rajan, the former Chief Economist at IMF who is credited for predicting the 2008 global financial crisis, made this observation at the start of his speech at an interactive industry meet organized by business chamber ASSOCHAM.
Amid political attacks and criticism from some quarters for not lowering interest rates enough to boost economy, Rajan had announced, June 18, that he would return to academics after his term ends, putting at rest all speculation over his continuance.