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Shaktikanta Das

Shaktikanta Das is a retired 1980 batch Indian Administrative Service (IAS) officer of the Tamil Nadu cadre, who is currently serving as the 25th Governor of the Reserve Bank of India (RBI). He was appointed the Governor of the central bank in December 2018. His tenure was recently increased by three years “beyond 10.12.2021 or until further orders” by the Appointments Committee of the Cabinet. In his capacity as the RBI Governor, Das has played an important role in steering the country through the economic crisis that befell after the outbreak of the coronavirus pandemic. Several measures were announced by the RBI under his guidance to help the country regain its financial stability and stay afloat through the global health crisis. While serving as an IAS officer, Shaktikanta Das had worked for both the Government of India and the Tamil Nadu government in various capacities, such as, the Economic Affairs Secretary, the Revenue Secretary, and Fertilizers Secretary. He had also served as India’s Alternate Governor in the World Bank, ADB, NDB, and AIIB. He had also served as a member of the Fifteenth Finance Commission of India. Additionally, the RBI Governor has represented India in various international forums such as the International Monetary Fund, G20, BRICS, SAARC, etc. More

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  • India could withstand external shocks due to strong domestic demand and economic policies: Shaktikanta Das

    At present, India is in free trade agreement negotiations with the US, the EU, Peru, Oman, and New Zealand, among several others

  • Naming ex-RBI chief Das as key aide highlights PM Modi's economic focus

    Naming ex-RBI chief Das as key aide highlights PM Modi's economic focus

    On Saturday, the government appointed Das, who served a six-year term as RBI Governor until December, as a second principal secretary to the PM, a newly created position.

  • Former RBI Governor Shaktikanta Das appointed second principal secretary to PM Narendra Modi

    Former RBI Governor Shaktikanta Das appointed second principal secretary to PM Narendra Modi

    Shaktikanta Das has also acted as India's G20 Sherpa and member, 15th Finance Commission.

  • How did India's top economic policymakers steer the economy through 2024?

    How did India's top economic policymakers steer the economy through 2024?

    Sanjay Malhotra was appointed as the 26th Governor of the RBI on December 11, after serving as Revenue Secretary from December 2022 to 2024.

  • Vault Matters | How I would remember Shaktikanta Das

    Vault Matters | How I would remember Shaktikanta Das

    If former Prime Minister Narasimha Rao would be remembered for quietly reforming the country in 1991, Das will be remembered as RBI’s very own Narasimha Rao. He brought about certain critical changes in the way banks and NBFCs operated and ensured that everyone towed the line

  • RBI and Fin Min coordination at its best, says Shaktikanta Das in his farewell address

    RBI and Fin Min coordination at its best, says Shaktikanta Das in his farewell address

    Shaktikanta Das underlined the need to restore the inflation-growth balance as a key task ahead for RBI, which the new governor will take forward.

  • Shaktikanta Das: A left-field Governor’s rollercoaster tenure

    Shaktikanta Das: A left-field Governor’s rollercoaster tenure

    Both his entry and exit as RBI Governor were unexpected. He managed RBI leadership rather well against all odds, supported ably by the RBI staff. His tenure would be remembered for the way RBI handled the pandemic, with his sense of calm providing comfort to both the central bank and financial markets

  • Shaktikanta Das bids farewell as RBI Governor; expresses gratitude to PM Modi, FM Sitharaman

    Shaktikanta Das bids farewell as RBI Governor; expresses gratitude to PM Modi, FM Sitharaman

    In a farewell message, Das expressed gratitude for the opportunity to serve the nation and acknowledged the support he received during his term.

  • Shaktikanta Das era ends at Mint Road — RBI governor for all seasons

    Shaktikanta Das era ends at Mint Road — RBI governor for all seasons

    Das’s six years in office saw him steering monetary policy through a pandemic bringing the world down to its knees, a banking crisis roiling the world's largest economy, two major wars and raging inflation.

  • Das leaves behind a capital legacy!

    Das leaves behind a capital legacy!

    Few would have thought at the start of his first term in 2018 that, with a post-graduation in history, Das could have led the RBI to achieve this level of economic, financial, and technological success. History has taught him a lot.

  • Sanjay Malhotra Appointed as Next RBI Governor, Succeeding Shaktikanta Das

    Sanjay Malhotra Appointed as Next RBI Governor, Succeeding Shaktikanta Das

    Sanjay Malhotra, the current Revenue Secretary, has been appointed as the next Reserve Bank of India (RBI) Governor, succeeding Shaktikanta Das. Malhotra, a 1990-batch IAS officer from the Rajasthan cadre, is an IIT-Kanpur alumnus with a Master's from Princeton University. With over 33 years of experience in sectors like finance, taxation, and IT, he has played a key role in shaping tax policy and achieving buoyant tax collections. Das, who served as RBI Governor since 2018, contributed significantly to India's financial sector, working on eight Union Budgets and representing India in global institutions like the World Bank and ADB.

  • No cut in repo rate by RBI was expected amid high inflation: Economists

    No cut in repo rate by RBI was expected amid high inflation: Economists

    "However, the cut in the CRR by 50 bps would help support growth, after the sharp downward revision in the forecast for FY2025."

  • LIVE: RBI MPC Meet Outcome| Shaktikanta Das Announces Monetary Policy Decision

    LIVE: RBI MPC Meet Outcome| Shaktikanta Das Announces Monetary Policy Decision

    Decoding Monetary Policy Statement by RBI Governor Shaktikanta Das, RBI Governor. Catch Nandita Khemka in conversation with Rajani Sinha, Chief Economist, CareEdge Ratings and Mayuresh Joshi, Head of Equity Research, William O’Neil India.

  • RBI Monetary Policy Live: No decision has yet been taken on BRICS currency, says Shaktikanta Das

    RBI Monetary Policy Live: No decision has yet been taken on BRICS currency, says Shaktikanta Das

    RBI MPC Meeting Live: Effort is to keep inflation horse on a tight leash, Shaktikanta Das says

  • Moneycontrol Pro Panorama | Q2 GDP shocker is yesterday’s news, what matters is the outlook

    Moneycontrol Pro Panorama | Q2 GDP shocker is yesterday’s news, what matters is the outlook

    In the December 2 edition of Moneycontrol Pro Panorama: GDP shocker can play spoilsport on markets, growth slumped but unemployment rate drops, the growth drivers in Q2 explained, India's economic ties with Bangladesh faces China challenge, and more

  • Analysts rush to pare India forecast after growth shocker

    Analysts rush to pare India forecast after growth shocker

    Falling wages, slumping company profits and high inflation have hurt economic activity in the last few quarters, prompting several government ministers to call for interest rate cuts

  • Moneycontrol Pro Panorama | The many worries of Shaktikanta Das ahead of MPC December meet

    Moneycontrol Pro Panorama | The many worries of Shaktikanta Das ahead of MPC December meet

    In this November 28 edition of Moneycontrol Pro Panorama: WTO turns to AI to regains its lost glory, Chrome's dominance is unchallenged, fake note trends revealled by RBI data, Sambhal-like incidents put India's security at risk, and more

  • RBI Governor Shaktikanta Das may secure third term

    RBI Governor Shaktikanta Das may secure third term

    Sources say his tenure may extended by up to two years. The final decision will be made by the Appointments Committee of the Cabinet (ACC), and an official communication from the government is expected soon

  • RBI Guv Shaktikanta Das hospitalised in Chennai

    RBI Guv Shaktikanta Das hospitalised in Chennai

    There is no cause for concern, an RBI spokesperson said.

  • Economists back RBI's rate cut caution despite Cabinet ministers' nudge

    Economists back RBI's rate cut caution despite Cabinet ministers' nudge

    In the last few months, India’s CPI inflation remained on the upward trajectory due to persistent pressure from the food prices. The consumer price inflation touched a 14-month high of 6.21 percent in October, which, according to economists, might have reduced MPC’s room to cut the repo rate in the immediate future

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

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

    Das was one of the most trusted bureaucrats in Prime Minister Narendra Modi's administration before he was appointed to lead the Reserve Bank of India in December 2018

  • Bank interest rates will have to be far more affordable, says FM Sitharaman

    Bank interest rates will have to be far more affordable, says FM Sitharaman

    Last week, Piyush Goyal said that the RBI should 'definitely cut interest rates'. On this, RBI governor Shaktikanta Das quipped that he will 'reserve' his comments for the upcoming monetary policy in December

  • Strengthen framework to curb unethical practices: RBI Guv to bank boards

    Strengthen framework to curb unethical practices: RBI Guv to bank boards

    Das further said that the Indian banking sector is transitioning through a time which is replete with opportunities as well as risks and challenges.

  • Central bankers' dilemma: doing 'too little or too late' versus 'too much or too early,' says RBI Guv Shaktikanta Das

    Central bankers' dilemma: doing 'too little or too late' versus 'too much or too early,' says RBI Guv Shaktikanta Das

    Das acknowledged that the financial system will continue to encounter new challenges.

  • Indian economy is sailing through smoothly due to stable financial system: RBI Governor

    Indian economy is sailing through smoothly due to stable financial system: RBI Governor

    In this challenging environment, government bond yields are rising globally, says Shaktikanta Das at CNBC-TV18 Global Leadership Summit

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