Outgoing Reserve Bank of India (RBI) Governor Shaktikanta Das thanked ‘Team RBI’ in his farewell message before formally leaving office on Tuesday.
Shaktikanta Das posted on X, “A BIG thank you to the entire Team RBI. Together, we successfully navigated an exceptionally difficult period of unprecedented global shocks. May the RBI grow even taller as an institution of trust and credibility. My best wishes to each one of you.”
The former official also expressed gratitude to the economy’s and banking sector’s stakeholders. The fiscal-monetary cooperation was “at its best and helped us to deal with multiple challenges during the last six years” under the leadership of Finance Minister Nirmala Sitharaman, for which he also expressed his “heartfelt thanks.” Das was “immensely grateful” to Prime Minister Narendra Modi for the “opportunity to serve the country” as RBI chair and for the prime minister’s “guidance and encouragement.” “Benefited a lot from his (PM’s) ideas and thoughts,” he added.
In December 2018, Das was the government’s surprise pick as the leader of the central bank. He succeeded Urjit Patel. In 2021, the government had given a three-year extension to Das. Last month there were reports of Shashikant Das’s second term extension. If given the extension, he would have become the longest-serving head of the Reserve Bank in nearly 70 years.
The 67-year-old is a retired Indian Administrative Service (IAS) officer of the Tamil Nadu cadre from the 1980 batch who hails from Odisha’s capital, Bhubaneswar. During his career, he held various positions for the Central and Tamil Nadu governments. At the Centre, he served as Economic Affairs Secretary, Revenue Secretary, and Fertilizer Secretary at various stages.
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