Comments
Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as the RBI Governor. He has replaced Urjit Patel who abruptly resigned amid a face-off with the government over issues relating to governance and autonomy of the central bank.
“Assumed charge as Governor, Reserve Bank of India. Thank you each and everyone for your good wishes,” Das said in a tweet.
Finance Minister Arun Jaitley termed Das as a person with “right credentials” for the RBI top job.
“Das has been a very senior and an experienced civil servant. He has almost his entire career in the management of finances and economic management of the country, when he was in the State Government of Tamil Nadu and also when he was in the Government of India in the Ministry of Finance,” Jaitley said.
Das, who becomes 25th governor of the RBI, is a former IAS officer of Tamil Nadu cadre. Jaitley said his appointment was necessitated by the resignation of Urjit Patel as the RBI Governor on Monday.
“I think, he (Das) has the right credentials. He has been extremely professional, has worked under various governments and has excelled himself. I am sure, in meeting the challenges before India’s economy as the Governor of Reserve Bank, he will certainly act,” the Finance Minister said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.