Das was appointed the RBI’s 25th governor on December 11, 2018, initially for a period of three years.
Tag: Shaktikanta Das
Addressing the media after the Monetary Policy Committee’s (MPC) bi-monthly meeting, he said that the economy will contract in the first half of the current fiscal due to the Covid-19 pandemic.
The governor’s assertion comes after some reports suggested that the government may seek an interim dividend of Rs 30,000 crore from the apex bank.
New Delhi: Reserve Bank of India Governor Shaktikanta Das will meet PSU and private sector banks CEOs and MDs on Thursday to discuss rate transmission and persuade them to pass on the advantages after taking note of the non-passing of the benefits of lower interest rates to the consumers following[Read More…]
Mumbai: Shaktikanta Das on Wednesday assumed charge as the 25th Governor of the Reserve Bank of India. The government on Tuesday appointed Shaktikanta Das, who as Economic Affairs Secretary steered the monetary situation post-demonetisation, as the new RBI Governor, a day after Urjit Patel resigned amidst a tiff with the[Read More…]
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…]
The 15th Finance Commission to recommend on the sharing of revenue between the Centre and states for a five-year period was constituted by the government on Monday, according to an official statement. The Union Cabinet had, last week, approved the constitution of the 15th Finance Commission, whose recommendations have to[Read More…]
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…]
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…]
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…]