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Friday 29 October 2021

Govt extends RBI governor Shaktikanta Das's term for another 3 years

A career bureaucrat, Das was first appointed in 2018, after his predecessor Urjit Patel quit amid worries the government was encroaching on the central bank’s turf. Under Das, 64, the central bank endeavored to support growth and maintain liquidity through the worst of the pandemic by slashing interest rates and pursuing quantitative easing.

from Times of India https://ift.tt/2ZzCW4a

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