RBI governor Raghuram Rajan, through a letter, has made it clear that he will return to academia when his current term ends on September 4.

The Reserve Bank of India has posted Rajan’s message on its website.

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Raghuram Rajan has been in lot of news recently after BJP MP Subramanian Swamy attacked for not taking necessary steps to boost the economy.

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Rajan wrote in the message, “While I was open to seeing these developments through, 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. I will, of course, always be available to serve my country when needed.”

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After former governor of RBI D Subbarao, Rajan succeeded him and took charge as RBI governor on September 3, 2013 as the 23rd governor of the RBI.

Read the full message here...

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By Prajakt K.