World Bank sees robust Indian growth ahead

Tokyo

INDIA'S economy will continue to post robust growth in the coming years, the World Bank said on Monday in its latest India Development Update which came on the heels of news that Reserve Bank of India (RBI) governor Raghuram Rajan will leave his post at the start of September.

Mr Rajan's decision to leave after a single three-year term at the head of the central bank was greeted with surprise by economists who paid tribute to his contribution to India's economic takeoff, while expressing concerns about the impact his departure could have on the economy.