‘Sad’, ‘Disappointed’: Industry Reacts to Raghuram Rajan’s Exit

Here’s how the industry and banking world’s top honchos responded to Raghuram Rajan announcing his exit.

Reserve Bank of India (RBI) Governor Raghuram Rajan revealed that he will be returning to academia after his term as Governor of RBI ends on 4 September 2016.

In a letter to the employees of the bank, Rajan announced that his term in the office and his leave from the University of Chicago will come to an end this year.

Here’s how the industry reacted to his decision:

Very sad day for us great talent driven away by malcontents,cronies @narendramodi @arunjaitley ,deep,y concerned RT https://t.co/Dix9a8JP0K

— Mohandas Pai (@TVMohandasPai) June 18, 2016

RBI Gov Raghuram Rajan Not Seeking Second Term - Academic gain. RBI loss He leaves a legacy of economic stability https://t.co/K1eXosOosg

— Kiran Mazumdar Shaw (@kiranshaw) June 18, 2016

Rajan has been an extraordinary governor and we wish him luck for the future.

Vishal Sikka (MD, Infosys) 

HDFC Chairman Deepak Parekh on #RaghuramRajan's exit | @BloombergQuint
https://t.co/c4oYA1TyTt

— The Quint (@TheQuint) June 18, 2016

(Courtesy: BloombergQuint)

Also Read:
HDFC’s Deepak Parekh Wonders What Made Raghuram Rajan Leave
Raghuram Rajan Won’t Continue as RBI Governor After September 2016