RBI guv meets FM two days before end of his extended term

New Delhi, Dec 8: A day after presenting bi-monthly monetary policy, Reserve Bank Governor Shaktikanta Das on Saturday met Finance Minister Nirmala Sitharaman.

The meeting comes just ahead of the extended term of incumbent RBI Governor coming to an end. Das’s three-year extended term comes to an end on December 10.

In 2021, the government had announced a three-year extension to Das’s tenure, a month before his term came to an end.

According to sources, Das called on the Finance Minister in the evening here.

The career bureaucrat-turned-central banker, Das, was appointed the 25th RBI Governor on December 12, 2018, after the abrupt exit of Urjit Patel.

With the three-year-extension granted to Das, he is already one of the longest serving RBI governors in its 90-year history.

The RBI had on Friday opted for a status quo on the rates for the 11th consecutive time, amid growing calls to address the slowdown in GDP growth in the September quarter at 5.4 per cent.

Das, while unveiling bi-monthly policy, made it clear that the RBI has been acting as per the flexibility offered by the statutes to the central bank and that its effort is to keep the inflation horse on a tight leash.

Over the past six years, Das has dealt with a slew of challenges, including Covid-19 and wars in Ukraine and the Middle East.

He has been awarded the central banker of the year for two successive terms at global forums for his deft navigation of the fastest growing major economy in the world. (PTI)

Hot this week

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

Meghalaya launches initiatives to enhance productivity, farmer incomes

Tura, April 20: Meghalaya Chief Minister Conrad K. Sangma...

BJP denies offering ticket to ex-chief secretary

Shillong, April 20: The state BJP on Monday said...

Meghalaya to hold civil defence drill on April 24 to boost air raid preparedness

Shillong, Apr 20: The Centre has directed the Meghalaya...

Assam court convicts 20, acquits 25 others in mob lynching of two men

Nagaon (Assam), Apr 20: Eight years after a mob...

Meghalaya CM lauds discovery new snake species in Garo Hills

Shillong, Apr 20: The recent discovery of a new...

EKH accounts for bulk of Meghalaya’s DoNER projects

Shillong, April 20: Meghalaya currently has 83 ongoing development...

No measles cases in Meghalaya; Health dept on alert: Shylla

Shillong, April 20: No measles cases have been reported...

Meghalaya govt strikes off Lumpongdeng from luxury resort project

Shillong, April 20: The Meghalaya government has scrapped Lumpongdeng...
spot_img

Related Articles

Popular Categories