iPhone | iPad
Android
Huawei
Read on to understand the math
KT APPDOWNLOAD
India re-appoints Shaktikanta Das as RBI governor for another 3 years
Reuters
Das first took the helm in December 2018
The Indian government said Shaktikanta Das has been re-appointed as the governor of the Reserve Bank of India (RBI) for another three years or until further orders.
The decision was approved by the cabinet's appointments committee late on Thursday.
Das first took the helm in December 2018 and before that was the department of economic affairs secretary at the finance ministry.
To shore up the economy against the impact of the Covid-19 pandemic, the central bank has cut key interest rates to record lows and infused massive rupee liquidity into the banking system.
With markets now gearing up for the reversal of the ultra-loose monetary policy, stability at the RBI in terms of the top leadership is seen as crucial.
The central bank has taken a more consultative approach with markets under Das who has been keen to have more transparency and direct communication.
More news from Asia
They cheated in the Part B exams, in various ways
He had been missing since a vital 1984 Army operation in Siachen
It has been allowed to dock on the condition that it will conduct no research in Sri Lankan waters
He is staying in London on medical grounds
Number of poor people rose to 18.1% of the population in 2021 from 16.7% in 2018
She was finally rescued after a failed attempt
She has been convicted in corruption cases