Shaktikanta Das Reappointed as RBI Governor for Three Years
The Government of India has reappointed Shri Shaktikanta Das as Governor of the Reserve Bank of India (RBI) for a further period of three years, as per the official order issued on October 28, 2021. The official order stated that the Appointments Committee of the Cabinet had approved the reappointment of Shri Shaktikanta Das as Governor of the Reserve Bank of India for a period of three years beyond December 10, 2021, or until further orders, whichever was earlier. The committee is headed by the Hon'ble Prime Minister Shri Narendra Modi. Shri Shaktikanta Das had originally assumed charge as the 25th Governor of the Reserve Bank of India on December 12, 2018, succeeding Dr. Urjit R. Patel. His initial term was for three years, and with this decision, he will continue to lead the central bank for another three years. The reappointment is notable as it provides continuity at the helm of the Reserve Bank of India at an important time for the Indian economy. The central bank continues...