Outgoing RBI governor Shaktikanta Das leaves a lasting legacy

Quick Summary:

Despite lacking formal economic training, he prioritized financial stability, built up forex reserves, and fostered a modern digital payments system.

Shaktikanta Das, concluding his six-year term as India's central bank governor, navigated the RBI through a pandemic and digitization, defying initial skepticism.

His successor, Sanjay Malhotra, inherits a strong foundation but faces global market uncertainties.

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Article Details

Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: IndiaCanadaChinaIsraelMexicoOman

Topics: RBI governor Shaktikanta Das Reserve Bank of India Nirmala sitharaman Legacy of Shaktikanta Das

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 21:57:28 (2 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1163 words

Reading Time: 7 minutes read

Sentences: 49 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24329391

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