New Delhi: The government has extended the term of Reserve Bank of India (RBI) Governor Shaktikanta Das by another three years upto December 2024, according to an official order.
Das was appointed the RBI’s 25th governor on December 11, 2018, initially for a period of three years.
An official order dated October 28 said the government has reappointed Das as the governor of the central bank for a period of three years beyond December 10, 2021.
The decision was taken by the Appointments Committee of Cabinet (ACC) headed by Prime Minister Narendra Modi.
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With the second term of three years, Das will head the RBI till December, 2024.
According to Hindustan Times, after Shaktikanta Das retired, he was appointed as the RBI governor. Before his appointment at the central bank, he served as a member of the 15th finance commission and also as India’s G20 Sherpa.
A postgraduate from St Stephens’ College, Delhi University, He has held various important positions in the central and state governments in the areas of finance, taxation, industries and infrastructure.
He has also served as as India’s alternate governor in the World Bank, the Asian Development Bank, the New Development Bank, and the Asian Infrastructure Investment Bank.
(with inputs from PTI)