Economics
Rajan Seen Getting Extension at India Central Bank in Survey
- Most economists see extension for Rajan at India central bank
- Rajan's three-year term set to expire in early September
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Forget the headlines about tensions with India’s government: Raghuram Rajan is likely to stay on as India’s central bank governor after his term ends in September.
That’s the view of most economists in a Bloomberg survey on Thursday following criticism from several government officials over Rajan’s characterization of India’s economic growth in a recent media interview. Thirteen of 15 economists said he’d get an extension, one said it’s unlikely and another said it could go either way.