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Shanktikanta Das will be New RBI Governor

Shaktikanta Das, 61,a former bureaucrat has been appointed as the new Governor of the Reserve Bank of India after Urjit Patel abruptly resigned amid a face-off with the government for a three-year tenure.He will be the 25th Governor of the 83-year-old institution. Das, a 1980-batch IAS officer from the Tamil Nadu cadre, retired as Economic Affairs Secretary in May 2017 and was since appointed India’s Sherpa to the G-20 and a member of the Finance Commission.

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