He takes over as the 26th Governor of the central bank at a time when the RBI is under pressure to cut interest rates to support growth
KV Kamath commends outgoing RBI Governor Shaktikanta Das for his leadership and expresses confidence in Sanjay Malhotra's capabilities as the new RBI Governor
Shaktikanta Das, set to demit office today, expressed gratitude to PM Modi and FM Sitharaman for their support during his tenure as RBI governor
Reserve Bank Governor Shaktikanta Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues
Malhotra takes over the reins of the RBI at a time when growth in the domestic economy has fallen to a seven-quarter low
Mr Das' term over the past six years was fairly challenging for both the Indian economy and the RBI, largely because of the pandemic
It's been an eventful six year for Shaktikanta Das as Mint Road's helmsman. Here's a look at some of the significant moves during his watch
RBI became stronger, surer under Shaktikanta Das
Das, 67, a career bureaucrat, was put into the high job of the RBI Governor when Urjit Patel abruptly resigned in December 2018
Sanjay Malhotra, a 1990 batch IAS officer from the Rajasthan cadre, will take over from Shaktikanta Das, whose term comes to an end on December 10
Not once since he took over did the issue of the RBI autonomy come up in news headlines. Das has been articulate and approachable to his colleagues and the media
The meeting took place at the finance minister's North Block office. Sources said that the meeting lasted around 20 minutes and was considered customary following the MPC meeting
The meeting comes just ahead of the extended term of incumbent RBI Governor coming to an end. Das's three-year extended term comes to an end on December 10
Its better we stick to monetary policy, says RBI governor Shaktikanta Das
He also mentioned that the idea of a currency for BRICS countries was floated by one of the countries; however, no decision has been made on the matter
Monetary Policy Committee keeps repo rate unchanged at 6.50% for the eleventh consecutive review
RBI Governor Shaktikanta Das explained India's stand on de-dollarisation after US president-elect Donald Trump's warning to Brics nations
RBI Monetary Policy Meeting Dec 2024 Updates: Catch all the updates here
The move comes as the monetary authority has been using its foreign-exchange reserves to slow the pace of the drop in the rupee
RBI MPC: Governor Shaktikanta Das dodges term question with a smile, focuses on policy