Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), stayed quiet about whether he will continue in his job after December 10, 2023. When asked about it during a recent press conference, he said, “I am not giving you any headlines.” People are guessing that the government might ask him to stay on for a third time. If this happens, he would become the longest-serving RBI Governor since the 1960s.
Das began his time as RBI Governor in December 2018 and has already worked longer than the usual five-year term most governors have had in the last few years. If his term is extended, he will also have worked longer than Benegal Rama Rau, who served for 7.5 years from 1949-1957.
Before joining the RBI, Das held important roles in Prime Minister Narendra Modi’s government. He helped manage a tricky time when the government and the RBI did not always agree.
Sources told Reuters that right now, no selection committee is looking for a new governor and that Das is likely to get another year in the role. However, the government has not made any official announcement yet.
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