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19 June 2016,

Indian central bank chief to step down in surprise move

Rajrishi Singhal, Senior Fellow, Geoeconomics Studies, was quoted by AFP in an article on RBI Governor Raghuram Rajan's announcement that he will be not be seeking a second term in the same position.

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Here is the quote from Rajrishi Singhal;

“A whole lot of people were gunning for him, saying he wasn’t lowering interest rates fast enough, when he had economic interests at heart,” said Rajrishi Singhal, a Senior Fellow at Gateway House think-tank in Mumbai, describing his departure as a “big loss”.

The full article can be accessed on Daily Mirror, Qatar Tribune, Sunday Times, The Myanmar Times, and Global Post, among others,