Days after announcing his intention to move on, the RBI Governor on Wednesday asked those starting to write his ‘obituaries’ that he will be around “a lot in India” even after leaving the central bank and should not be written off as yet.
Rajan’s term as the RBI Governor comes to an end on 4 September.
“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 was quoted by PTI.
He made this observation at the start of his speech at an interactive industry meet organised by business chamber Assocham.
In a question-and-answer session, the ‘rockstar’ RBI Governor 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 forums like this.”
Rajan, the former Chief Economist at IMF is also credited with predicting the 2008 global financial crisis.
Amid political attacks and criticism from some quarters for not lowering interest rates enough to boost economy, Rajan had on Saturday announced that he would return to academics after his term ends, putting at rest all speculation over his continuance.