Shaktikanta Das Gets Extension 3-Years as RBI Governor
The Modi government has extended the term of the present Governor of Reserve Bank of India , i.e. Shaktikanta Das by another three years. It will run upto December 2024, according to an official order.
Das was appointed the RBI's 25th governor on December 11, 2018, initially for a period of three years. He was to retire in December this year.
An official order dated October 28 said the government has reappointed Das as the governor of the central bank for a period of three years beyond December 10, 2021.
Now Mr Das will retire on December 10, 2024.
The decision was taken by the Appointments Committee of Cabinet headed by Prime Minister Narendra Modi.
With the second term of three years, Das will head the RBI till December, 2024.
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