Will try to uphold professionalism, core values, credibility and autonomy of RBI: Shaktikanta Das
Mumbai, Dec 12 (IBNS): Newly appointed RBI governor Shaktikanta Das on Wednesday said he will try to uphold professionalism, core values, credibility and autonomy of the institution.
" It’s an honour and great opportunity to serve RBI. I will try my best to work with everyone and work in the interest of Indian economy," Das said in his first media interaction since his appointed as the Governor.
" I have convened a meeting with CEOs & MDs of public sector banks tomorrow morning.Banking is an important segment in our economy&it’s facing several challenges that need to be dealt with. It's the banking sector on which I’d like to focus immediately," he said.
Das was appointed as the new Governor after Urjit Patel resigned from the
position on Monday.
Das is a former Finance Secretary.
On Monday, 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.
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