New Delhi: Reserve Bank Governor Shaktikanta Das’ term extended. The term has been extended to three years. The decision was taken by the Central Appointments Committee. Shaktikant Das took over on December 12, 2018.
This is the first extension of the term of the Reserve Bank Governor during the Modi government. Shaktikanta Das was the Union Finance Secretary before taking over as the Reserve Bank Governor. Following the resignation of Urjit Patel, Shaktikanta Das has been appointed as the new head of the Reserve Bank.
