RAGHURAM RAJAN’S ANSWER FOR TOP POST IN BANK OF ENGLAND

After his resignation as chief from the Reserve Bank of India, Raghuram Rajan said on Wednesday that he did not intend to apply for the job of Bank of England governor which is due to come vacant next year.

"I have a very good job at the University of Chicago and I actually am an academic, not a professional central banker. I am very happy where I am," Rajan told reporters after an event in London hosted by the U.S. university's Booth School of Business, where he is a finance professor.