Promise integrity, autonomy of RBI: New governor Shaktikanta Das takes charge
6 years, 1 month ago

Promise integrity, autonomy of RBI: New governor Shaktikanta Das takes charge

Hindustan Times  

New Reserve Bank of India governor Shaktikanta Das took charge on Wednesday, promising to uphold its autonomy and integrity, a day after the government moved swiftly to appoint him to the helm of the central bank to fill the vacancy left by Urjit Patel’s resignation. On Tuesday, he was appointed RBI’s 25th governor, replacing Patel, who resigned on Monday with nine months of his term left for what he called “personal reasons”. “I wouldn’t go into the issues between RBI and government but every institution has to maintain its autonomy and also adhere to accountability,” Das said. follows a period of government pressure on the central bank to spur economic growth, and highlights risks to the RBI’s policy priorities,” Fitch said in a statement.

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Shaktikanta Das lists out tasks for new RBI Governor
Trending News
1 month ago

Shaktikanta Das lists out tasks for new RBI Governor

Deccan Chronicle  

Mumbai: The outgoing Reserve Bank of India governor Shaktikanta Das on Tuesday said that “restoring inflation-growth balance” is the most important task ahead of the central bank. “So far as the Reserve Bank is concerned, I think restoring the inflation growth balance is the most important task ahead of the Reserve Bank, and I am sure the team RBI, under …

RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings
Top News
1 month ago

RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings

Hindustan Times  

NEW DELHI: Achieving the right balance between inflation and growth, a key tradeoff for all economies, is “the most important task for the Reserve Bank of India ”, Shaktikanta Das, the outgoing governor of India’s central bank, said on Tuesday. The government on Dec 9 appointed revenue secretary Sanjay Malhotra as the new central bank governor, surprising markets, which expected …

RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings
1 month ago

RBI governor Shaktikanta Das, who kept a hawk’s eye on inflation, ends innings

Hindustan Times  

NEW DELHI: Achieving the right balance between inflation and growth, a key tradeoff for all economies, is “the most important task for the Reserve Bank of India ”, Shaktikanta Das, the outgoing governor of India’s central bank, said on Tuesday. The government on Dec 9 appointed revenue secretary Sanjay Malhotra as the new central bank governor, surprising markets, which expected …

India’s Departing Central Bank Governor Leaves a Lasting Legacy
1 month ago

India’s Departing Central Bank Governor Leaves a Lasting Legacy

Live Mint  

-- As Shaktikanta Das finishes up his tenure as India’s central bank governor, handing over the reins to a career bureaucrat, many have praised his performance as a relative outsider who leaned on diplomacy to propel the world’s fastest-growing major economy to new heights. Though many expected the government to extend Das’s tenure — and tied the final choice of …

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das
1 month ago

Fiscal-monetary coordination at its best in last six years: RBI Governor Shaktikanta Das

Live Mint  

Mumbai, Dec 10 Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as …

In Shaktikanta Das' farewell message, a ‘big thank you’ to ‘Team RBI’
1 month ago

In Shaktikanta Das' farewell message, a ‘big thank you’ to ‘Team RBI’

Hindustan Times  

Shaktikanta Das, the outgoing governor of the Reserve Bank of India, thanked ‘Team RBI’ in his farewell message ahead of formally demitting office on Tuesday. RBI's outgoing governor Shaktikanta Das Shaktikanta Das posted on X, “A BIG thank you to the entire Team RBI. He also extended his ‘heartful thanks’ to finance minister Nirmala Sitharaman, noting that under her, the …

RBI Governor Shaktikanta Das bids adieu on X, talks of ‘unprecedented global shocks’
1 month ago

RBI Governor Shaktikanta Das bids adieu on X, talks of ‘unprecedented global shocks’

Live Mint  

Reserve Bank of India Governor Shaktikanta Das is stepping down today, December 10. ‘Benefitted from PM Modi's Thoughts and Ideas’ Thanking the prime minister, Das added, “Immensely grateful to the Hon’ble PM Narendra Modi for giving me this opportunity to serve the country as Governor RBI and for his guidance and encouragement. Benefited a lot from his ideas and thoughts.” …

One RBI Governor to another: What Shaktikanta Das had to say on Sanjay Malhotra
Top News
1 month ago

One RBI Governor to another: What Shaktikanta Das had to say on Sanjay Malhotra

India Today  

Outgoing Reserve Bank of India Governor Shaktikanta Das shared his thoughts on his successor, Sanjay Malhotra, during a press conference held on his final day in office. Shaktikanta Das spoke highly of Sanjay Malhotra, who is set to take over as the new RBI Governor for a three-year term, effective Wednesday, December 11. COORDINATION WITH THE FINANCE MINISTRY Shaktikanta Das …

Shaktikanta Das: Six major policy decisions in six years as RBI Governor
1 month ago

Shaktikanta Das: Six major policy decisions in six years as RBI Governor

India TV News  

Outgoing Reserve Bank of India Governor Shakti Kant Das has guided the country’s monetary policy through turbulent times during his six-year tenure. The central bank also announced a monetary policy including a Targeted Long-Term Repo Operations of Rs 1 lakh crore aimed at supporting critical sectors like MSMEs and NBFCs. Indian digital currency revolution Under Das’s leadership, India made significant …

Who is Sanjay Malhotra? All you need to know about new RBI governor succeeding Shaktikanta Das
Top News
1 month ago

Who is Sanjay Malhotra? All you need to know about new RBI governor succeeding Shaktikanta Das

Live Mint  

Revenue Secretary Sanjay Malhotra was appointed as the next Governor of the Reserve Bank on Monday for a period of three years. He will take over the top post later this week — after the six-year term of Shaktikanta Das ends on December 10. However, growth slowed down to a seven-quarter low of 5.4 per cent in the July-September period …

New RBI Governor: Meet Sanjay Malhotra, IIT-Kanpur Grad Who Pursued Public Policy, Set To Replace Shaktikanta Das
1 month ago

New RBI Governor: Meet Sanjay Malhotra, IIT-Kanpur Grad Who Pursued Public Policy, Set To Replace Shaktikanta Das

ABP News  

The central government announced on Monday the appointment of revenue secretary Sanjay Malhotra as the new Governor of the Reserve Bank of India, replacing Shaktikanta Das with a three-year term starting from December 11, 2024. Das, who was appointed as the 25th RBI Governor on December 12, 2018, took office following Urjit Patel's sudden resignation. Before being appointed RBI Governor, …

Government Appoints Sanjay Malhotra as New RBI Governor
1 month ago

Government Appoints Sanjay Malhotra as New RBI Governor

Deccan Chronicle  

New Delhi: The government on Monday appointed Revenue Secretary Sanjay Malhotra in the Union ministry of finance as the 26th governor of the Reserve Bank of India, for a three-year term beginning from Wednesday. Malhotra will replace Shaktikanta Das, the second longest serving RBI governor, after Sir Benegal Rama Rau’s seven-year plus tenure. The decision on a new appointment of …

New RBI Governor: Revenue Secretary Sanjay Malhotra To Replace Shaktikanta Das
1 month ago

New RBI Governor: Revenue Secretary Sanjay Malhotra To Replace Shaktikanta Das

ABP News  

The government announced on Monday that Sanjay Malhotra, currently the revenue secretary for the government of India, will take over as the governor of the Reserve Bank of India. Malhotra, an experienced bureaucrat, will assume the role of the 26th Governor of the Reserve Bank of India, succeeding Shaktikanta Das, whose term concludes on Tuesday. Shaktikanta Das Meanwhile, before Shaktikanta …

Who is Sanjay Malhotra? Newly appointed RBI Governor replaces Shaktikanta Das
1 month ago

Who is Sanjay Malhotra? Newly appointed RBI Governor replaces Shaktikanta Das

India TV News  

Sanjay Malhotra was appointed as the Governor of the Reserve Bank of India on Monday, the Appointments Committee of the Cabinet in a statement informed. Malhotra a 1990 batch Indian Administrative Service officer from the Rajasthan cadre, will assume office from December 11, for the next three years, the RBI said in a statement. Revenue Secretary Malhotra will replace Shaktikanta …

India replaces central bank governor in a surprise move
1 month ago

India replaces central bank governor in a surprise move

Al Jazeera  

With India’s economic growth slowing down and inflation rising, the new governor will have challenges to deal with. India has appointed career civil servant Sanjay Malhotra as its new central bank governor in a surprise move that leaves markets guessing about the future direction of monetary policy. Financial markets had expected the Reserve Bank of India’s current Governor Shaktikanta Das …

RBI Governor Shaktikanta Das Meets FM Sitharaman Days Before Tenure Expiry: Report
1 month, 1 week ago

RBI Governor Shaktikanta Das Meets FM Sitharaman Days Before Tenure Expiry: Report

ABP News  

The Reserve Bank of India Governor Shaktikanta Das met with Finance Minister Nirmala Sitharaman on Saturday. Citing sources, the report said that Das called on the finance minister ahead of the upcoming expiry of his extended tenure. Due to his three-year extension granted to Das, he is already one of the longest serving RBI governors in the banking regulator’s 90-year …

'RBI Governor Shaktikanta Das discharged from hospital, health condition fine', says Central bank
1 month, 2 weeks ago

'RBI Governor Shaktikanta Das discharged from hospital, health condition fine', says Central bank

India TV News  

Shaktikanta Das, the Governor of the Reserve Bank of India, got discharged form the hospital on Tuesday evening, the central bank spokesperson said. After his hospitralisation, the Central bank issued a health bulleting on its chief stating that there was no cause for concern and he would be discharged in a few hours. The RBI in a statement had said, …

RBI Governor Shaktikanta Das' term likely to be extended further
1 month, 3 weeks ago

RBI Governor Shaktikanta Das' term likely to be extended further

Deccan Chronicle  

The Centre is likely to extend the term of RBI governor Shaktikanta Das for a second time, three sources with direct knowledge of the matter told Reuters, an unprecedented move that would make him the longest serving chief since the 1960s.Das was one of the most trusted bureaucrats in Prime Minister Narendra Modi's administration before he was appointed to lead …

Shaktikanta Das' tenure as RBI governor likely to be extended: Report
1 month, 3 weeks ago

Shaktikanta Das' tenure as RBI governor likely to be extended: Report

India Today  

The government is planning to extend the tenure of Reserve Bank of India Governor Shaktikanta Das for a second time, reported news agency Reuters. Shaktikanta Das, who has been heading the RBI since December 2018, has already surpassed the typical five-year term seen in recent decades. Shaktikanta Das, a seasoned bureaucrat, was appointed as RBI governor during a period of …

RBI governor Shaktikanta Das's term likely to be extended further: Report
1 month, 3 weeks ago

RBI governor Shaktikanta Das's term likely to be extended further: Report

Hindustan Times  

The central government is likely to extend the term of RBI governor Shaktikanta Das, news agency Reuters reported, quoting sources aware of the development. Reuters said the Finance Ministry, the Prime Minister's Office, and the central bank did not immediately respond to emails seeking comment. Das has also served as India’s Alternate Governor in the World Bank, Asian Development Bank, …

RBI Governor Shaktikanta Das ranked among top 3 central bankers: Who are other two?
4 months, 3 weeks ago

RBI Governor Shaktikanta Das ranked among top 3 central bankers: Who are other two?

India TV News  

RBI Governor Shaktikanta Das has been rated as one of the top central bankers in the world for the second consecutive year, receiving an "A+" rating from the Global Finance magazine. Shaktikanta Das achieves top global ranking again For the second consecutive year, Shaktikanta Das, the Governor of the Reserve Bank of India, has been ranked as one of the …

What is good for another market need not be good for us: RBI Governor Shaktikanta Das
1 year ago

What is good for another market need not be good for us: RBI Governor Shaktikanta Das

India TV News  

Reserve Bank of India Governor Shaktikanta Das said that the central bank will not follow other countries in regulating cryptocurrencies, emphasising that decisions taken in other markets may not necessarily be suitable for India. "What is good for another market need not be good for us. Therefore our views—both that of the Reserve Bank and personally that of mine—remain the …

India sought probe into ex-RBI gov Rajan for helping ‘white man’
2 years, 9 months ago

India sought probe into ex-RBI gov Rajan for helping ‘white man’

Al Jazeera  

Indian government accused its RBI of setting interest rates to favour developed nations, pushing it to slash the rates. New Delhi, India – A year after the government led by Narendra Modi’s BJP came to power in 2014, the top finance ministry official accused the Reserve Bank of India of setting interest rates to benefit developed countries and sought a …

Shantikanta Das gets three year extension, will continue as RBI governor till December 2024
3 years, 2 months ago

Shantikanta Das gets three year extension, will continue as RBI governor till December 2024

Firstpost  

The former IAS officer is the first governor to get an extension under the Narendra Modi government The government has extended the term of Reserve Bank of India Governor Shaktikanta Das by another three years up to December 2024, according to an official order. An official order dated 28 October said the government has reappointed Das as the governor of …

Govt extends RBI governor Shaktikanta Das' term for another 3 years
3 years, 2 months ago

Govt extends RBI governor Shaktikanta Das' term for another 3 years

India TV News  

The Centre on Friday extended the tenure of Reserve Bank of India Shaktikanta Das for a period of three years. "The Appointments Committee of the Cabinet has approved the reappointment of Shaktikanta Das as Reserve Bank of India Governor for a period of three years beyond 10.12.2021 or until further orders, whichever is earlier," reads an official statement. Shaktikanta Das …

Blockchain Good, But 'Major Concerns' About Cryptocurrency: RBI Governor Shaktikanta Das
3 years, 10 months ago

Blockchain Good, But 'Major Concerns' About Cryptocurrency: RBI Governor Shaktikanta Das

News 18  

Shaktikanta Das, governor of the Reserve Bank of India, said earlier today that the central bank has voiced concerns around the viability of cryptocurrencies with the Indian government. It is under consideration in the government and I do expect and I think sooner or later the government will take a call and if required the Parliament also will consider and …

History behind, Shaktikanta Das-led RBI charts new trails sans acrimony
5 years ago

History behind, Shaktikanta Das-led RBI charts new trails sans acrimony

India TV News  

When the Narendra Modi government, stumped by the sudden resignation of Urjit Patel, parachuted retired bureaucrat Shaktikanta Das to RBI in December 2018, many expected a great lull in the public acrimony that marred the days of his academically more illustrious predecessors Patel and Raghuram Rajan. Even as it eased the rates, the RBI slashed growth estimates by an unprecedented …

RBI rate cut: India’s central bank slashes interest rate to lowest in nine years
5 years, 5 months ago

RBI rate cut: India’s central bank slashes interest rate to lowest in nine years

CNN  

New Delhi CNN Business — India’s central bank has cut interest rates for a fourth time this year, slashing its key lending rate to the lowest level in nine years in a bid to support the country’s faltering economy. The country’s former chief economic adviser, Arvind Subramanian, said in June that India’s growth figures for the past several years may …

NS Vishwanathan re-appointed deputy governor of RBI for one year as appointments panel of Cabinet gives nod
5 years, 6 months ago

NS Vishwanathan re-appointed deputy governor of RBI for one year as appointments panel of Cabinet gives nod

Firstpost  

Vishwanathan is one of the three deputy governors, besides B P Kanungo and M K Jain, working at the central bank. New Delhi: NS Vishwanathan was on Monday re-appointed as the deputy governor of the Reserve Bank of India for one more year, an official order said. The appointments committee of the Cabinet has approved re-appointment of Vishwanathan as the …

RBI deputy governor Viral Acharya quits 6 months before his term ends: Report
5 years, 6 months ago

RBI deputy governor Viral Acharya quits 6 months before his term ends: Report

Hindustan Times  

Viral Acharya, deputy governor of the Reserve Bank of India, resigned six months before his term ends, Business Standard reported citing him. Viral Acharya, deputy governor of the Reserve Bank of India, resigned six months before his term ends, Business Standard reported, citing him. His departure follows Urjit Patel’s sudden resignation in December last year amid rising tension between the …

Six months into Shaktikanta Das’ term in Reserve Bank, the central bank is a tamed, friendly beast for the govt
5 years, 7 months ago

Six months into Shaktikanta Das’ term in Reserve Bank, the central bank is a tamed, friendly beast for the govt

Firstpost  

During the course of Urjit Patel’s tenure, the RBI repeatedly reminded the government about why it should be left alone to do its job On 12 December 2018, the Narendra Modi-government appointed Shaktikanta Das as the 25th governor of the Reserve Bank of India after the controversial resignation of Das’ predecessor, Urjit Patel. In his public outburst, Acharya went a …

Finance Commission members to meet RBI governor Shaktikanta Das, bank officials during Mumbai visit on 8-9 May
5 years, 8 months ago

Finance Commission members to meet RBI governor Shaktikanta Das, bank officials during Mumbai visit on 8-9 May

Firstpost  

New Delhi: The 15th Finance Commission will meet RBI Governor Shaktikanta Das and representatives of banks and financial institutions during its two-day visit to Mumbai beginning 8 May, according to an official statement. The commission, chaired by N K Singh, will discuss issues concerning macro-economics, financial stability and cost of borrowing of the Centre and states with the Reserve Bank. …

RBI chief Shaktikanta Das seen as safe no matter who wins Elections 2019
5 years, 8 months ago

RBI chief Shaktikanta Das seen as safe no matter who wins Elections 2019

Live Mint  

Mumbai: India’s central bank Governor Shaktikanta Das has built up support on both sides of the political divide, making his position relatively safe under a new government no matter who wins the election. Before becoming governor, Das was economic affairs secretary in Modi’s government, and the public face of the prime minister’s controversial decision in November 2016 to ban high-value …

RBI governor Shaktikanta Das meets finance minister Arun Jaitley ahead of monetary policy meeting
5 years, 9 months ago

RBI governor Shaktikanta Das meets finance minister Arun Jaitley ahead of monetary policy meeting

Firstpost  

New Delhi: Reserve Bank of India Governor Shaktikanta Das Monday met Finance Minister Arun Jaitely, and is believed to have discussed the current economic situation, ahead of the first bi-monthly monetary policy for 2019-20. The meeting of the six-member Monetary Policy Committee to decide on the first bi-monthly policy statement for 2019-20 will be held from 2 to 4 April. …

Opinion | An intruder undermines RBI
5 years, 10 months ago

Opinion | An intruder undermines RBI

Live Mint  

Bankruptcy proceedings usually involve protecting a firm’s assets from creditors. The ruling by the bankruptcy court, which is overseeing the government- Already India has lost two RBI governors because, among other things, they dared to ask banks to acknowledge problem loans in time, classify them correctly and make adequate provisions for losses. Already-delayed Indian tribunal proceedings will stretch forever, with …

RBI is accountable to the government, says Bimal Jalan
6 years ago

RBI is accountable to the government, says Bimal Jalan

Live Mint  

New Delhi: The Reserve Bank of India is accountable to the government and should make policies within the framework set by the government, according to a former central bank chief now heading a panel tasked with framing guidelines for the transfer of the RBI’s surplus funds to the government. Bimal Jalan, the 77-year-old ex-bureaucrat, was appointed to chair the panel …

RBI governor Shaktikanta Das meets private sector bankers; discusses liquidity issues
6 years ago

RBI governor Shaktikanta Das meets private sector bankers; discusses liquidity issues

Firstpost  

At the past two meetings held between RBI and state- run banks, Das had deliberated on the prompt correction action framework. Mumbai: The Reserve Bank governor Shaktikanta Das on Thursday held meetings with top private sector lenders and discussed liquidity issues and the flow of credit to small and medium businesses, according to bankers. This is the third meeting Das …

New RBI governor should follow his "dharma" to protect central bank's autonomy, says Rangarajan
6 years ago

New RBI governor should follow his "dharma" to protect central bank's autonomy, says Rangarajan

Firstpost  

Rangarajan said there are questions about the deflator that has been used and also on data on company affairs. Mumbai: Shaktikanta Das is not the first bureaucrat to be appointed as the Reserve Bank of India governor and should follow his “dharma” to protect RBI’s autonomy like his predecessors, former central bank governor C Rangarajan said on Monday. Once they …

RBI governor Shaktikanta Das to meet private sector and cooperative banks next week
6 years ago

RBI governor Shaktikanta Das to meet private sector and cooperative banks next week

Firstpost  

Shaktikanta Das took over as 25th Governor of RBI last week following the abrupt exit of Urjit Patel ahead of schedule due to differences with the government. New Delhi: RBI Governor Shaktikanta Das on Thursday said he will meet representatives of private sector banks and cooperative banks next week to discuss issues and concerns. Das took over as 25th Governor …

Arun Jaitley says govt did not ask for Urjit Patel's resignation; 'do not need a single penny from RBI's capital reserves'
6 years ago

Arun Jaitley says govt did not ask for Urjit Patel's resignation; 'do not need a single penny from RBI's capital reserves'

Firstpost  

Arun Jaitley said the government never sought the resignation of Urjit Patel as Governor of the Reserve Bank of India over differences in handling liquidity stress in certain sectors. New Delhi: Finance Minister Arun Jaitley on Tuesday said the government did not seek resignation of Urjit Patel as RBI Governor over differences on some issues, and went on to cite …

Biggest bank fraud and RBI Governor's resignation mark a dismal banking year
6 years ago

Biggest bank fraud and RBI Governor's resignation mark a dismal banking year

The Quint  

Mumbai: RBI Governor Shaktikanta Das during a press conference in Mumbai on Dec 12, 2018. The pace of the country's GDP growth slowed substantially during the second quarter of the current fiscal to 7.1 per cent, from 8.2 per cent in the previous quarter, mainly on the back of a drop in manufacturing, agriculture and mining. On the inflation front, …

‘New RBI governor Shaktikanta Das’ appointment dangerous, could unleash financial terror,’ warns Shiv Sena
6 years, 1 month ago

‘New RBI governor Shaktikanta Das’ appointment dangerous, could unleash financial terror,’ warns Shiv Sena

Hindustan Times  

In a no-holds-barred assault, the Shiv Sena in Mumbai on Saturday termed the appointment of new Reserve Bank of India Governor Shaktikanta Das as “dangerous” with a potential to unleash ‘financial terror’ in the country. The Shiv Sena in Mumbai on Saturday termed the appointment of new Reserve Bank of India Governor Shaktikanta Das as “dangerous” with a potential to …

Facts, No Fiction: There’s a new sheriff in RBI
6 years, 1 month ago

Facts, No Fiction: There’s a new sheriff in RBI

Op India  

This week has been a roller coaster ride, from high profile extradition cases, the resignation of the RBI governor and the results of recent assembly elections. That being said, it is well acknowledged that India has one of the tightest of monetary policies and that too at a time where inflation seems to be significantly lower than even RBI’s estimates. …

New RBI governor Shaktikanta Das to steer first central board meet today
6 years, 1 month ago

New RBI governor Shaktikanta Das to steer first central board meet today

Firstpost  

The RBI board meeting will review the progress with respect of some of the decisions taken in the last meet on 19 November New Delhi: The central board of the Reserve Bank of India under new Governor Shaktikanta Das will meet today where the directors are likely to push for greater say in the decision making of the central bank. …

Shaktikanta Das’s 1st board meet as RBI chief to pose new worries about autonomy
6 years, 1 month ago

Shaktikanta Das’s 1st board meet as RBI chief to pose new worries about autonomy

Hindustan Times  

The central bank board will meet on Friday with much of the hostility of the past two months with the government having eased, and new worries emerging about the institution’s independence. Prime Minister Narendra Modi has a new ally at the Reserve Bank of India in Governor Shaktikanta Das, who may be more amenable to the government’s requests to ease …

‘Talk to me’, says RBI governor Shaktikanta Das in relief to markets
6 years, 1 month ago

‘Talk to me’, says RBI governor Shaktikanta Das in relief to markets

Live Mint  

Central bank communication is a double-edged sword. On his first day as governor of the central bank, veteran civil servant Shaktikanta Das made it clear that he is willing to talk to everyone. Bond yields dropped 10 basis points on Wednesday on hopes that Das would turn monetary policy accommodative, helping the government fire up growth ahead of the general …

'RBI is accountable': New Governor Shaktikanta Das promises to consult govt, all stakeholders on key policy issues
6 years, 1 month ago

'RBI is accountable': New Governor Shaktikanta Das promises to consult govt, all stakeholders on key policy issues

India TV News  

RBI’s newly-appointed Governor Shaktikanta Das on Wednesday vowed to uphold the "autonomy, integrity and credibility" of the RBI though he added that every institution must adhere to the principles of accountability. Das took charge as the RBI Governor a day after Urjit Patel resigned amidst a tiff with the Central government on the issue of RBI's autonomy. Health of public …

Will uphold credibility and autonomy: Shaktikanta Das, new RBI Governor
6 years, 1 month ago

Will uphold credibility and autonomy: Shaktikanta Das, new RBI Governor

Hindustan Times  

New Reserve Bank of India Governor Shaktikanta Das said on Wednesday he would adopt a consultative approach and move quickly to meet bank chiefs and other parties to tackle issues facing the sector. Speaking on the relations between the Central government and the RBI, the new Governor said, “I don’t know if the relationship is good or not but we …

New RBI governor Shaktikanta Das opens the door for consultations
6 years, 1 month ago

New RBI governor Shaktikanta Das opens the door for consultations

Live Mint  

Mumbai: The new Reserve Bank of India governor, Shaktikanta Das, used his first day in office on Wednesday to immediately change his predecessor’s style of functioning. Assuming charge as RBI’s 25th governor, Das said he would take a more consultative approach and move quickly to address some of the pressing issues. “I wouldn’t go into issues between RBI and government, …

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