Business
Rajan will be stepping down from his post as India's central bank governor on September 4.
Updated : Mar 22, 2018, 02:41 AM IST
Few central bank governors would have garnered the popularity that is synonymous with Raghuram Rajan. Rockstar governor, James Bond, are some of the many terms coined for the former IMF economist.
Several people within the country and outside it, were disheartened when Rajan, in a surprise move, announced that he would not be seeking a second term after his three-year term comes to an end on September 4. This will make Rajan's run at the RBI the shortest since 1991.
For a sendoff, the Reserve Bank of India (RBI) staff recreated rupee notes in a colourful rangoli along with his caricature in rangoli colours, a report in The Quint said.
Rangoli by RBI staff for send off to Rajan. RBI chief, not Fed or ECB chiefs can get such memorable, loving symbols pic.twitter.com/oUEs6LxNZX
— S Gurumurthy (@sgurumurthy) August 29, 2016
This is Rajan's last week in office as the RBI governor.
The government recently announced that RBI Deputy Governor Dr Urjit Patel would be taking over as the 24th RBI governor when Rajan steps down.
A Bengaluru food service Zzungry recently added two dishes, in its 'Rajan's special' menu for a limited time.