Bankers and government officials told Reuters Rajan's successor may be less aggressive in fighting bad loans
Kochhar said under him, the RBI played a major role in steering the economy in a volatile world
Rajan's decision came after sharp criticism by Subramanian Swamy where lawmaker also questioned his patriotism
Rajan had set an ambitious March 2017 deadline for them to fully reveal the problem loans and make adequate provisions
Deputy Governor Urjit Patel seen as top contender for the post of RBI Governor; Modi to take the final decision
Rajan has decided to step down from the RBI Governor's post and said he will return to academia after the end of his tenure
Governor said to have been feeling lack of support from FM Jaitley and PM Modi; he reportedly did not inform Centre before releasing his letter to staff
After Mr Rajan's departure, focus must be on unfinished tasks
India's captains of industry said they were disappointed at the exit of Reserve Bank of India Governor Raghuram Rajan, adding the country needs a strong leader at the central bank.
Industry body Assocham expressed hope that Rajan will be persuaded to reconsider his decision
The former deputy governor of RBI has said that it is premature to discuss his candidature for the top post
Say his celebrity status ticked some the wrong way; concerned about Rajan's announcement just ahead of Brexit
Currency & equity markets could face sharp changes as RBI governor leaves, but should smoothen out, say experts
The party further criticised BJP leaders for creating circumstances that forced Rajan to decide not to continue
The rupee is still lower than its previous close, but equity markets are trading higher
The rating agency said that the new RBI chief would inherit a good opportunity to continue pursuing a policy of relatively low consumer price inflation
His term comes to end on September 4
RBI Governor says an inflation-focused framework means better coordination between the government and the central bank
Consumer inflation hit a near two-year high of 5.76% in May, or upper end of RBI's inflation target of 2% to 6%
She said they were working on these reforms for couple of months and announced them after final completion of work