Shaktikanta Das was appointed Governor of the Reserve Bank of India (RBI) in December 2018. His tenure has coincided with several significant challenges for the Indian economy.
Shaktikanta Das strengthened the Indian economy and implemented reforms in the digital sector, leading to rapid economic growth in India.
Amidst the challenge of tackling inflation, Shaktikanta Das opted to reduce only the Cash Reserve Ratio (CRR), leaving the repo rate unchanged.
Shaktikanta Das thanked the Finance Minister and lauded the contribution of the RBI team, which helped the economy navigate challenging times.
Shaktikanta Das expressed his gratitude to Prime Minister Modi and Finance Minister Sitharaman, whose guidance and inspiration have been instrumental to his work.
The central government has appointed Sanjay Malhotra, currently the Revenue Secretary in the Ministry of Finance, as the new Governor of the Reserve Bank of India (RBI). He will assume office on December 11, 2024.
Shaktikanta Das's six-year term as Reserve Bank of India Governor concludes today. He steered the Indian economy through numerous crises and implemented significant policy reforms.
Reserve Bank of India (RBI) Governor Shaktikanta Das's tenure has concluded. He expressed his gratitude to Prime Minister Modi.