Rajan, Jaitley's first meeting since 2nd term decision
June 30, 2016  11:18
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RBI governor Raghuram Rajan meets Finance minister Arun Jaitley. This is their first meeting since Rajan said he would not seek a second term.

Finance Minister Arun Jaitley had denounced attacks on the Reserve Bank of India Governor ahead of Rajan's decision not to seek a second term and had said the debate should be about the issues and policies, and not about the personalities.

Jaitley, however, had declined to comment on whether Rajan's term would be extended after his current three-year tenure ends this September.

Rajan had been facing a continuous attack by BJP MP Subramanian Swamy and by some other sections, who have demanded termination of his service or at least denial of any extension while alleging the RBI Governor has failed to lower interest rates and boost the economy.
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