You are here

Rajan keeps mum on plans after holding India rates

Mr Rajan's removal when his three-year term ends in September risks undermining sweeping reforms implemented since he took office, including a shift to inflation targeting.

New Delhi

INDIAN central bank governor Raghuram Rajan urged patience regarding his future plans after holding interest rates at a five-year low.

"In all such cases the decision is reached after discussions between the government and the incumbent," Mr Rajan told reporters in Mumbai