Reserve Bank of India Governor Raghuram Rajan on Wednesday said he was earlier open to an extension of his term that will end on September 4, reported PTI. However, he said that he was now perfectly happy to go.
Speaking to CNBC-TV18, Rajan said, "That does not mean in any way, that I was absolutely hell bent on having a second term." He said he wanted to stay at his post a little longer to complete unfinished work.
Earlier this year, Bharatiya Janata Party leader Subramanian Swamy had accused Rajan of keeping interest rates high on purpose, and of leaking "sensitive financial information", calling him "mentally not fully Indian". Swamy had also written a letter to Prime Minister Narendra Modi urging him to take action against the economist.
About the recent attacks against him, the 53-year-old said,"Some of these [recent] attacks were abominable, that is imputing sort of motives, alleging things completely without any basis." Following the attacks, Rajan in June announced to his colleagues in an email message that he will return to academia when his three-year term at the central bank ends.
Limited-time offer: Big stories, small price. Keep independent media alive. Become a Scroll member today!
Our journalism is for everyone. But you can get special privileges by buying an annual Scroll Membership. Sign up today!