"Rajan's decision to return to academia is a personal one which we must respect. RBI Governor Raghuram Rajan's decision to not seek a second term is a "personal one" which everybody should respect, ICICI Bank MD & CEO Chanda Kochhar said on Sunday. I wish Rajan all the very best for the years ahead," Kochhar said in a statement. "Today, India is the world's fastest growing large economy with stable macroeconomic indicators...India will continue to remain on a very robust growth path," Kochhar said. Rajan's decision, which came after sharp criticism by ruling BJP's Subramanian Swamy where the lawmaker also questioned the Governor's patriotism, has been used by the Opposition to attack the government.

Source: dna June 19, 2016 17:01 UTC