HomeInsideRaghuram Rajan says, “Brexit is a reason why he didn’t apply for the job to lead Bank of England.”

Raghuram Rajan says, “Brexit is a reason why he didn’t apply for the job to lead Bank of England.”

Most Read

RBI’s ex-Governor Raghuram Rajan on Friday said that “the political challenge posed by the Brexit were the few reasons why he didn’t apply for the post at Bank of England.”

Speaking in an interview on BBC, when Sarah Montague anchor of HardTalk show, asked about “the governor’s post at the Bank of England.”

- Advertisement -

Raghuram Rajan said, “He is perfectly happy with his job,” and “that’s not a diplomatic answer, it’s the truth,” he said.

Adding more on this, Rajan said that “I’m perfectly happy and I haven’t applied for any job.”

“Rajan who now teaches at Chicago Booth School of Business has served as the Governor of RBI, and also as chief economist at IMF, was one of the top contenders for the post.”

When Rajan, was asked that if he was approached to apply for the post, would he accept it? to which Rajan said, “I believe that the central banker’s job has become much more political in recent times.”

“And for the best, the country should have somebody who understands the political structure of the country and who can navigate that,” Rajan said.

When the interviewer asked Rajan that “If he would able to understand the politics of the United Kingdom and the challenges of the Brexit.”

To which Rajan told the interviewer that, “It’s obvious that, I’m an outsider and I have little understanding of the deep ebbs and the flows of the politics in this country.”

Subscribe To Morning Newsletters

Sign up to receive the latest news stories, exclusive interviews, and more in your inbox.

We don’t spam! Read our privacy policy for more info.

Editor's Pick

Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.

Read More Stories

How Logistics Industry Is Helping The e-Commerce Industry In Their Supply Chain Journey?

In the ever-evolving landscape of the Internet retail industry, the past five years have witnessed nothing short of a...

AI And India’s Software Industry: An Interview with Piyush Goel of Beyond Key

In this interview, Piyush Goel, Founder of Beyond Key spoke about the future of AI in India's software and...

Apple’s first ever dual-sim iPhone

The Indian Apple users are in for a treat as the leading smartphone manufacturer introduces its first-ever dual SIM...

Dell Explores Fresh Investment in Karnataka; While Global Foundries eyes expansion in Bengaluru

In a strategic move aimed at strengthening its presence in the region, Dell, a leading technology conglomerate based in...

Now, US users can see what Apple has collected from their device

Apple Inc on Wednesday rolled out an online tool to users in the United States and several other countries...

Vyapaar Vistar Secures Pre-series A round

Vyapaar Vistaar Tech Private Limited, a B2B tech-based distribution startup focused on supply chain innovation, has raised an undisclosed...