RBI chief Rajan says not seeking second term

MUMBAI (Reuters) - Reserve Bank of India Governor Raghuram Rajan will return to academia when his current term ends on Sept. 4, he said in a message to central bank staff on Saturday.

The RBI posted Rajan's message on its website.

(Reporting by Devidutta Tripathy and Suvashree Dey Choudhury; Editing by Alexander Smith)