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10 key events, policy decisions during Shaktikanta Das' first stint at RBI

Here are the 10 important events, policy decisions that Das undertook after becoming the 25th governor of the RBI on Dec 12, 2018

RBI Governor Shaktikanta Das
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Soon after Das became governor, RBI infused over Rs 3 trillion of liquidity in the banking system through secondary market bond purchases | Photo: Bloomberg

Anup Roy Mumbai
Shaktikanta Das’s first tenure was eventful for many reasons. Perhaps, it was one of the most eventful three years considering he isn still battling a once in a century crisis in the form of the Coronavirus (Covid-19) pandemic.

Here are the ten important events and policy decisions that Shaktikanta Das undertook after he became the 25th governor of the central bank on December 12, 2018.

1. Focus on growth

On day one, in a press conference, Das clearly mentioned that inflation was important, but so was growth. Subsequently, as the Coronavirus spread, Das let the inflation rise above the upper