India'' s star main lender is stepping down

India’s papers are flourishing
Reserve Bank of India Guv Raghuram Rajan has actually put an end to months of speculation over his future, revealing on Saturday that he will step down as head of the reserve bank when his term ends in September. “I wish to share with you that I will be returning to academic community when my term as Governor ends,” Rajan wrote in a message to staffers that was published on the reserve bank’s site.

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