RBI shake-up: Das assumes charge after Patel exit

There is much at the stake for the RBI and its prolonged battle for autonomy. At this crucial juncture, all eyes are on Shaktikanta Das, former economic affairs secretary and the face of Prime Minister Narendra Modi’s demonetisation move, who was on Tuesday appointed the new RBI governor, a day after incumbent Urjit Patel resigned abruptly, citing personal reasons.

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Hours after taking over the top post of RBI, Shaktikanta Das to hold first press conference at 4 pm.

Updated at:12th Dec, 2018 at 3:28 PM

Eyes on new guv: Will Das fight for RBI?

For the Reserve Bank of India's newly appointed Governor Shaktikanta Das, the December 14 Board meeting of the central bank will be the first litmus test on whether he speaks his own mind or merely portrays himself as his master's voice.

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Updated at:12th Dec, 2018 at 3:32 PM

There is clamor over government wanting RBI to go easy on PCA norms

Updated at:12th Dec, 2018 at 3:59 PM

Markets zoom on Das' appointment

The 30 share BSE Sensex closed 629 points, or 1.79%, up after the day's at 35,779 points. The broader index, 50-share NSE Nifty also jumped by 188.45 points to close at 10,737.

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Updated at:12th Dec, 2018 at 4:04 PM

I will uphold the credibility and autonomy of the Reserve Bank, says Das in his opening remarks.

Updated at:12th Dec, 2018 at 4:07 PM

Consultation with all the stakeholders is very important... To begin with I have convened a meeting with Mumbai-based PSU Bank heads tomorrow: Das.

Updated at:12th Dec, 2018 at 4:08 PM

I would like to focus on banking sector first: Das

Updated at:12th Dec, 2018 at 4:12 PM

Central board meeting to be held as per plan. Have discussed the agenda: Das

Updated at:12th Dec, 2018 at 4:13 PM

I think the committee on RBI will be constituted very shortly: Das on RBI reserves

Updated at:12th Dec, 2018 at 4:14 PM

Government is not just a stakeholder, but is running the country and RBI. I think all issues can be resolved via discussion: says Das

Updated at:12th Dec, 2018 at 4:16 PM

Credit growth are the challenge that economy is facing and it comes on the Reserve Bank's domain, says Das on credit flow.

Updated at:12th Dec, 2018 at 4:18 PM

Autonomy of RBI as an institution is very important: Das

Updated at:12th Dec, 2018 at 4:20 PM

I am open to any kind of dialogue: Das

Updated at:12th Dec, 2018 at 4:24 PM

I had tea with him sometime ago. So as far as I know he is still there: Das on Viral Acharya

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Updated at:12th Dec, 2018 at 4:25 PM