Raghuram Rajan: the banker who warned of meltdown in 2005

Raghuram Rajan: ‘I was drawn by the notion that through economic thinking you could make a difference.’ Photograph: Adnan Abidi/Reuters

He was once talked about as a possible successor to Christine Lagarde as boss of the International Monetary Fund. Then there were hints he might become governor of the Bank of England.

But Raghuram Rajan says neither job was ever on his radar, despite his position in the front rank of central bankers after a stint running the Reserve Bank of India until 2016.