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Shaktikanta Das named new RBI Governor, becomes successor of Urjit Patel

Shaktikanta Das named new RBI Governor, becomes successor of Urjit Patel

Shaktikanta Das, Urjit Patel, RBI Governor, Former bureaucrat Shaktikanta Das, Reserve Bank of India, national news, Business newsPhoto of former bureaucrat Shaktikanta Das.

New Delhi: Former bureaucrat Shaktikanta Das on Tuesday was appointed the new governor of the Reserve Bank of India, a government statement said.

 

Shaktikanta Das, Urjit Patel, RBI Governor, Former bureaucrat Shaktikanta Das, Reserve Bank of India, national news, Business news

 

The government on Tuesday appointed former Economic Affairs Secretary Shaktikanta Das as the new RBI Governor, a day after Urjit Patel suddenly resigned.

“The Appointments Committee of the Cabinet has approved the appointment of Shaktikanta Das, former Secretary, Department of Economic Affairs, as Governor of the Reserve Bank of India (RBI) for a period of three years,” an official order said.

 

Former bureaucrat Shaktikanta Das appointed as new governor of RBI:

 

Das, a 1980 batch IAS officer from Tamil Nadu cadre, was a member of the Finance Commission of India.

 

Shaktikanta Das, Urjit Patel, RBI Governor, Former bureaucrat Shaktikanta Das, Reserve Bank of India, national news, Business news

 

Das, who retired as Economic Affairs Secretary in May 2017, has been appointed for a term of three years.

He replaces Urjit Patel, who surprisingly resigned from the central bank Monday.