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It Will Be ‘Cruel’ to Spoil Media’s Suspense: Rajan on Second Term

Rajan’s current three-year term comes to an end on 4 September.

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Raghuram Rajan clearly doesn’t want the suspense over his extension as the Reserve Bank of India (RBI) governor to die out anytime soon.

On Tuesday, Rajan said he won’t be “cruel” enough to spoil “the fun” the media seems to be having, speculation over his second term – which will be decided after consultation between the government and the incumbent.

I’m sure you will know when there is news... It would be cruel of me to spoil the fun that press is having with all its speculation.
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Further, Rajan said he was “personally intrigued by all the letters I am supposed to have written” on the issue. There have been reports ranging from his desire not to seek a second term to his writing to policymakers to put an end to being dragged in the political slug fest over the issue.

Rajan’s current three-year term comes to an end on 4 September.

(With PTI inputs)

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