Shaktikanta Das has been appointed new Reserve Bank of India (RBI) governor for three years term. Das is a retired 1980 batch IAS officer of Tamil Nadu cadre. He has served as the Economic Affairs Secretary of India from August 2016 to May 2017. He currently is a member of[Read More…]
Tag: Economic Affairs Secretary
‘Amazon, better behave,’ warns top bureaucrat Shaktikanta Das
While lashing out at e-commerce giant Amazon, economic affairs secretary Shaktikanta Das said in a tweet on Sunday that the company must stop “being flippant about Indian symbols and icons”, as images of flip-flops surfaced with Mahatma Gandhi’s picture on it for sale. Later, the top official clarified that he[Read More…]
No transaction charges on debit card payments, says government
The government on Wednesday said no transaction charges will be levied on debit cards till December 31. All public sector banks and some private sector ones have agreed to waive the transaction cost for all payments made through debit cards, Economic Affairs Secretary Shaktikanta Das told reporters in New Delhi.[Read More…]
Banks to use indelible ink to prevent multiple cash withdrawals
In a surprising move, the Finance Ministry on Tuesday announced that it will use indelible ink like during elections to prevent people from making more than the permissible number of times cash withdrawal from bank counters. Economic Affairs Secretary Shaktikanda Das said that banks would start using indelible ink to[Read More…]