#Rbi

RBI Gives Paytm A Second Chance, Extends Deadline For Stopping Transactions To March 15
#Rbi

RBI To Introduce Offline e-Rupee Transactions Soon
#Rbi

RBI Keeps Key Repo Rate Unchanged At 6.50%
#Rbi

Regulatory Institutions Destroyed Under Modi Govt, Allege Rahul, Priyanka Over RBI Action Against Paytm
#Rbi

RBI Ban On Paytm Payment Bank: What It Means For Your Wallet, FASTag, And UPI Transactions?
#Rbi

Will Paytm Fastag Stop Working After Feb 29? How To Deactivate Your Paytm FASTag?

Can't choose RBI Guv on basis of popular vote: Subramanian Swamy

By PTI

| Updated: Saturday, June 18, 2016, 19:22 [IST]

Bhubaneshwar, Jun 18: BJP MP Subramanian Swamy, who ran a tirade against RBI Governor Raghuram Rajan, today said the Reserve Bank head is a government employee and is not selected on the basis of popular vote.

"Raghuram Rajan is an employee of the Government of India. We don't select employees on the basis of popular vote," he said, reacting to Rajan's decision not to take a second term.

Can't choose RBI Guv on basis of popular v.ote: Subramanian Swamy

In a series of letters to Prime Minister Narendra Modi, Swamy had demanded sacking of Rajan, arguing that he is not "fully mentally Indian" and had been sending confidential and sensitive financial information around the world.

Rajan, in a letter to RBI employees today, said that he would go back to Chicago to continue his academic career after completion of his three-year term as central bank chief on September 4.

PTI