Shaktikanta Das News
Shaktikanta Das is currently serving as the 25th governor of the Reserve Bank of India. He was earlier a member of the 15th Finance Commission but has been a member of the RBI office since 2018. Born in Bhubaneswar, he obtained his bachelor’s degree from St. Stephen’s college in Delhi. Under his leadership, the RBI implemental several critical reforms - raising repo rates to address inflation, growth-supportive measure after during Covid-19 and introducing innovating payment systems. Das was at the centre of RBI's extreme measures such as deep cuts in lending r
Secure RBI independence through direct accountability to Parliament
The RBI Act and actual RBI-government relations may explain why former governor Shaktikanta Das’s appointment as a top bureaucrat attracted little scrutiny. Yet, since RBI independence is crucial, India should consider broadening its oversight.
4 min read13 Mar 2025Former RBI Governor Shaktikanta Das appointed Principal Secretary-2 to PM Modi
Former RBI Governor Shaktikanta Das is among the longest-serving governors of the central bank. He took the post in 2018 following the departure of his predecessor, Urijit Patel.
3 min read22 Feb 2025Vivek Kaul: RBI’s new governor will have to confront a tricky old trilemma
Monetary policy under Sanjay Malhotra can’t afford to go by simple narratives. He will need to take into account macro level complexities of capital flows and the rupee’s exchange rate as well.
4 min read17 Dec 2024What does Shaktikanta Das think about new RBI Governor Sanjay Malhotra?
What does Shaktikanta Das think about new RBI Governor Sanjay Malhotra? Speaking to reporters on December 10 he said that Malhotra ‘has vast experience and will do his best…’
2 min read10 Dec 2024RBI Governor Shaktikanta Das bids adieu on X, talks of ‘unprecedented global shocks’
Shaktikanta Das will step down as RBI governor today. In a series of social media posts, he expressed gratitude for the support of Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and stakeholders in the financial sector.
1 min read10 Dec 2024From North Block to Mint Street: Sanjay Malhotra has his task cut out as RBI’s next governor
The Governor-designate of the Reserve Bank of India will need to tread a fine line on the question of monetary-fiscal policy coordination to arrive at an optimal balance that favours India’s economy
2 min read10 Dec 2024Shaktikanta Das's term ends amid rising inflation, GDP slowdown
Das, one of RBI’s longest-serving governors, took charge in 2019 following his predecessor Urijit Patel’s sudden departure.
3 min read10 Dec 2024Sanjay Malhotra to command last leg of RBI’s war on inflation
Malhotra becomes the latest finance ministry official to steer RBI, after outgoing governor Das, as well as previous governors D. Subbarao, Y.V. Reddy and Bimal Jalan.
4 min read9 Dec 2024Credit Lines on UPI: RBI Governor Shaktikanta Das says small finance banks to now offer facility
RBI Governor Shaktikanta Das has announced the expansion of the facility of credit lines through UPI from commercial banks to small finance banks. Separately, he also advised banks to reduce the number of inoperative accounts.
2 min read6 Dec 2024RBI Monetary Policy: Central bank holds repo rates for the 11th consecutive time at 6.5%
RBI Monetary Policy: The three-day RBI MPC meeting, which began on December 4, concluded today.
3 min read6 Dec 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared