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Not in the race for IMF's top job: Raghuram Rajan

Rajan's three-year term is due to end in September 2016

New Delhi: RBI Governor Raghuram Rajan on September 30 dismissed rumours that he is in the race for the job of Managing Director of the International Monetary Fund (IMF), saying he has not applied for it. "It's not the job that I have applied for. It's not a job that I am running for," he said when asked if he is going to be the next chief of IMF.

Rajan had earlier served as the Chief Economist at the multi-lateral funding agency and was the government's Chief Economic Advisor before he was named the RBI Governor. Rajan's 3-year term as the Governor comes to an end in September next year. "My term here has been given... (when it) comes to an end, I will have to make a decision at that point. I certainly still have a job at the University of Chicago," he told a news channel. The incumbent MD Christine Lagarde's term will end in July next year.

( Source : PTI )
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