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Shaktikanta Das soon  to take over as RBI Governor

Shaktikanta Das soon to take over as RBI Governor

India Blooms News Service | @indiablooms | 12 Dec 2018, 01:08 pm

Mumbai, Dec 12 (IBNS) : Shaktikanta Das, the newly appointed Governor of Reserve Bank of India (RBI), resigned as member of the 15th Finance Commission on Tuesday and is expected to take charge of the Central bank in a day or two, media reports said. 

Das, 61, a former Finance Secretary Shaktikanta Das has been appointed as the new Reserve Bank of India Governor,  a day after Urjit Patel announced his resignation from the post.

On Monday, t Patel stepped down from his position with immediate effect, citing “personal reasons”. The government and the RBI have been at loggerheads for weeks over how much autonomy the central bank should have as the Modi-led government seeks to reduce curbs on lending and access RBI’s surplus reserves.

Das is primarily known for being the first to field questions on the shock November 2016 decision to demonetise old Rs 500 and Rs 1,000 notes.

Back in the spotlight after retiring from bureaucracy last year, Das now finds himself as the new favourite pastime of Twitterati who are digging up his past comments to question his appointment.

Shaktikanta Das soon to take over as RBI Governor

India Blooms News Service
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