Prime Minister Narendra Modi received a memory from Prime Minister Narendra Modi by RBI Governor Shaktikanta Das during a ceremony held on April 1, 2024 in Mumbai. (File photo)
The former governor of Reserve Bank (RBI), Shaktikanta DAS, was appointed Prime Minister Modi-2. The cabinet appointment committee appointed it on Saturday. Committee of the Committee, Manish Saxena, informed the appointment.
Shaktikanta Das retired from the post of Governor of RBI on December 10. On February 22, he was appointed principal secretary of the PM. In other words, the 75th day of retirement, he reached the important position at the Prime Minister’s office (PMO).
PK Mishra is currently at the number one post of Prime Minister Modi’s main secretary. Shaktikanta Das will be number 2. Das was an IAS officer in 1980 from the Tamil Nadu frame. Mishra is a retired officer of the Gujarat manager.
In addition to the 25th governor of the Reserve Bank of India, DAS also worked as a member of the G20 Sherpa and the 15th Finance Commission of India. He worked in the fields of finance, investment and infrastructure during his 42 -year career.
Important work done by Das …
1. Elected Haut-Brokers of the world twice in a row
Shaktikanta Das was elected the best central bankers in the world twice in 2023 and 2024. Shaktikanta Das received a note + in the Central Bank’s report 2023 and 2024. The price grants global finance in the Washington DC American . Shaktikanta Das received this honor of control over inflation, economic growth, currency stability and interest rates control.
2. Keep the economy stable between the Korona epidemic and the war As Governor of RBI, DAS played an important role in the maintenance of the Indian economy in crises such as the most unstable eclipse epidemic for India and the world, the Ukraine Russian War and The conflict of Israel-Hamas. During the crown, RBI managed DAS implemented new and old economic policies and measures to maintain the liquidity and quality of assets.
3. Yes Bank and Lakshmi Vilas Bank saved in color The challenges that Das was successfully confronted with the IL & FS crisis. For this reason, non -banking financial companies (NBFC) had suffered a lot of damage. He saved Yes Bank and Lakshmi Vilas Bank from being colorful.
4. necessary changes in repo rate to promote growth When Das took care of in 2018, the repo rate was 6.50%. Under his direction, RBI reduced it to 4% to promote economic growth. Later, it was increased to 6.50% to control inflation.
5. Banks help reduce NPA and increase benefits During the DAS’s mandate, the non -efficient assets of the country’s listed banks, IE NPA, reached a 2.59% hollow by September 2024, while it was 10.38% in December 2018. Course of this period, the profitability of the banks also forced and the banks recorded a profit of RS 2.63 Lakh crosses during the financial year 2023, while during the 2018 financial year, the banks underwent a loss of RS 32,400 crore.
Shaktikanta Das is an IAS officer from 1980 Shaktikanta Das is an officer of the Civil Officer (IAS) of 1980. He was an officer of the executive of the Tamil Nadu. In May 2017, he was secretary to economic affairs. He became the 25th governor of the country. Even when the demonetization took place in November 2016, Das was on the main front.
Das was in various positions. He also worked as a member of the 15th finance committee. India has represented the BRICS, the International Monetary Fund and SAARC (SAARC). He graduated from Stephen College, Delhi.
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Sanjay Malhotra will be the new governor of RBI: will take over on December 11, will replace Governor Shaktikanta Das for 6 years
The government has appointed income secretary Sanjay Malhotra as a new governor of Reserve Bank of India (RBI). He will be the 26th Governor of the RBI and will replace current governor Shaktikanta Das.
DAS’s mandate was completed on December 10, 2024. From December 11, Malhotra will take over as governor. The cabinet today approved the appointment of Sanjay Malhotra on December 9.
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