Outgoing RBI governor Shaktikanta Das leaves a lasting legacy

Dec 10, 2024 - 20:00
Outgoing RBI governor Shaktikanta Das leaves a lasting legacy

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Shaktikanta Das, concluding his six-year term as India's central bank governor, navigated the RBI through a pandemic and digitization, defying initial skepticism. Despite lacking formal economic training, he prioritized financial stability, built up forex reserves, and fostered a modern digital payments system. His successor, Sanjay Malhotra, inherits a strong foundation but faces global market uncertainties.

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