Diabytes
Rajan exit News
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As soon as Rajan's decision was out in the media, Twitter was flooded with a mix of reactions.
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The decision of Reserve Bank of India (RBI) Governor Raghuram Rajan not to serve a second term, once his present term ends on September 4, has caused a political storm.
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Finance Minister Arun Jaitley on Saturday said the government appreciates the "good work" done by RBI Governor Raghuram Rajan and will soon take a decision on his successor.
"Dr Raghuram Rajan has announced his intention to go back to academics at the end of his current assignment.
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Top industry leaders today said RBI Governor Raghuram Rajan's decision not to take a second term will be "nation's loss" as he brought economic stability and enhanced India's credibility on the world stage.
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