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The governor of the Reserve Bank of India is the chief executive officer of India's central bank and the ex-officio chair of its Central Board of Directors. Initially it was below the cabinet secretary rank but currently it an equivalent rank to cabinet secretary.
A Ghosh was the Deputy Governor of the Bank since 1982 when he was appointed Governor for a brief period of 15 days till R N Malhotra could take over.
Das assumed charge as RBI governor on 12 December 2018. Reactions of the markets to Das' appointment was positive, with BSE SENSEX gaining 629 points and NIFTY 50 increasing by 188 points. As RBI governor, Das serves as the ex-officio chairperson of the Monetary Policy Committee of the central bank.
2 days ago · The RBI Governor’s statement comes days ahead of the monetary policy meeting, wherein it is expected that the six-member Monetary Policy Committee (MPC) may leave the repo rate – the key policy rate unchanged at 6.5 per cent. The MPC is scheduled to meet from August 6 to 8. In the June monetary policy meeting, the rate-setting panel kept the repo rate unchanged at 6.5 per cent for the eighth consecutive time. In the policy, two external MPC members – Ashima Goyal and Jayanth R Varma ...
Oct 29, 2021 · Central Government has re-appointed Shri Shaktikanta Das as Governor, Reserve Bank of India for a further period of three years beyond the 10th day of December 2021, or until further orders, whichever is earlier.
Sir Osborne Smith was the first Governor of the Reserve Bank. A professional banker, he served for over 20 years with the Bank of New South Wales and 10 years with the Commonwealth Bank of Australia before coming to India in 1926 as a Managing Governor of the Imperial Bank of India.
2 days ago · With the inflation rate hovering around 5 per cent, it is premature to have any discussion on rate cuts, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday. Das said he would prefer not to provide any guidance that might mislead market players, stakeholders, and others. Click here ...
Apr 5, 2024 · RBI MPC 2024 Live Updates: RBI Governor Shaktikanta Das is all set to address the post-policy decision press meet. The governor will address the questions on RBI's latest monetary decision and the questions on recent macroeconomic and financial developments.
5 days ago · Present Governor of RBI As of the current date of July 2024, the present Governor of the Reserve Bank of India (RBI) is Shaktikanta Das. He assumed office on December 12, 2018, succeeding Urjit Patel.
2 days ago · India’s RBI Governor Says It’s Too Early for Rate Cuts. By Preeti Soni and Malavika Kaur Makol. July 11, 2024 at 3:51 AM PDT. Updated on. July 11, 2024 at 5:11 AM PDT. Sign up for the India ...
