RBI Governor Shaktikanta Das - 10 things to know with detail
- 1. Shaktikanta Das was appointed as the 25th Governor of the Reserve Bank of India (RBI) on December 12, 2018, succeeding Urjit Patel.
- 2. He is a retired Indian Administrative Service (IAS) officer of the Tamil Nadu cadre, belonging to the 1980 batch.
- 3. Prior to his appointment as RBI Governor, Das served as the Economic Affairs Secretary in the Ministry of Finance from 2015 to 2017.
- 4. He played a key role in the demonetization process in 2016, overseeing the implementation of the government's decision to withdraw high-value currency notes from circulation.
- 5. Das has also held various positions in the Tamil Nadu government, including as Principal Secretary in the Industries Department.
- 6. He has represented India at various international forums, including the G20 meetings, IMF-World Bank meetings, and SAARC Finance Ministers' meetings.
- 7. Das has a Master's degree in History from St. Stephen's College, Delhi, and a Master's in Public Administration from Harvard University.
- 8. As RBI Governor, Das has focused on maintaining financial stability, supporting economic growth, and ensuring the stability of the Indian rupee.
- 9. He has introduced several measures to support the Indian economy during the COVID-19 pandemic, including interest rate cuts, liquidity support for banks, and regulatory forbearance for borrowers.
- 10. Das has been praised for his proactive approach to monetary policy and his efforts to communicate effectively with the public and stakeholders.