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Shaktikanta Das to continue as RBI governor for another three years. Centre clears extension

Shaktikanta Das to continue as RBI governor for another three years. Centre clears extension

The Centre has extended RBI governor Shaktikanta Das’ term for another three years. He will now serve till 2024. Das had replaced Urjit Patel on December 12, 2018, as the 25th governor of the Reserve Bank of India.

The Appointments Committee of the Cabinet approved the reappointment beyond 10.12.2021 for three years or until further orders, whichever is earlier.

Das, a 1980 batch IAS officer from the Tamil Nadu cadre, was the economic affairs secretary till May 2017. He took over from Patel after he stepped down abruptly before the end of his tenure.

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