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RBI Governor Shaktikanta Das will remain a the helm till December 2024 . The government in an official order released has decided to give Das a three- ear extension.
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 Appointments Committee of the Cabinet has approved the reappointment of Shaktikanta Das as Reserve Bank of India Governor for a period of three years beyond 10.12.2021 or until further orders, whichever is earlier,” reads an official statement as reported by ANI
The decision was taken by the Appointments Committee of Cabinet headed by Prime Minister Narendra Modi.
With the extension, the former IAS officer of Tamil Nadu cadre will head the RBI till December, 2024.
He is the first RBI governor to get an extension after the BJP-led government came to power in 2014. Raghuram Rajan was denied extension in 2016, while Urjit Patel quit before completion of his three-year term.
