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Shaktikanta Das reappointed as RBI governor for another 3 years

Category : Appointment/Resignation
Published on: October 29 2021 Share on facebook

  • Reserve Bank of India Governor Shaktikanta Das been reappointed to the post for a term of three years.
  • His reappointment has been confirmed by the Cabinet Appointments Committee for a three-year term ending December 10, 2021, or until further orders, whichever comes first.
  • Shaktikanta Das was appointed as the Governor of the Reserve Bank of India (RBI) in December 2018 for a term of three years.
  • Shaktikanta Das was first appointed as the 25th RBI Governor in 2018, after the resignation of his predecessor Urjit Patel. He is a retired 1980 batch IAS officer of Tamil Nadu cadre.

Important Takeaways

About Reserve Bank of India

  • Headquarters: Mumbai
  • Founded: 1 April 1935
  • Nationalisation of RBI: 1949
  • First Headquarter: Kolkata
  • Headquarters of RBI moved to Mumbai: 1937
  • First RBI Governor: Sir Osborne Smith 
  • First Indian RBI Governor: C.D.Deshmukh
  • Commission recommended the formation of RBI: Hilton Young Commission (Royal commission)
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