Demonetisation backer becomes new RBI governor

Shaktikanta Das
Shaktikanta Das
Photo: Press Information Bureau, Government of India

A prominent backer of the Indian government’s controversial demonetisation policy has been chosen to take over as Reserve Bank of India governor, a day after the sudden resignation of Urjit Patel.

Shaktikanta Das, a former civil servant in Narendra Modi’s administration, takes over the governorship for a three-year term, according to a brief statement issued by the government.

Das was joint secretary for budget in the department of economic affairs, and earlier in his career held several

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.