BACKGROUND X Raghuram Rajan says he won't serve second term as RBI Governor File photo of Raghuram Rajan. READ: 10 achievements Raghuram Rajan listed in his letter to RBI teamRajan also listed out aRajan thanked his team at the RBI. NEW DELHI: Raghuram Rajan has announced that he would not be serving a second term as the Governor of the. Highlights Raghuram Rajan says he will return to academia after his term ends as RBI Governor Rajan's term ends on September 4 Announcement comes amid intense speculation and controversy over his continuation as RBI chief Reserve Bank of India . BJP leader Subramanian Swamy had attacked the RBI chief, accusing him of underperformance, saying he was "not fit" to be the central bank chief and that he was not "Indian at heart".

Source: Times of India June 19, 2016 14:18 UTC