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Current RBI Governor of India, Know His Name

RBI Flags High Inflation as Key Risk to Macroeconomic Stability, Vows to Bring Inflation to 4%

An overview of Shaktikant Das’s role as RBI Governor

Shaktikant Das assumed the role of the 25^th RBI Governor of India in December 2018. With a background as an accomplished Indian Administrative Service (IAS) officer, he brought a wealth of administrative and economic knowledge, making his tenure significantly influential in shaping India’s financial landscape.

Shaktikant Das: Governor of the Year 2023

Shaktikant Das was also honored with the title of ‘Governor of the Year’ for 2023 by Central Banking in London for his contribution to safeguarding the Indian economy amidst several global economic turmoils, and he has been acknowledged for his policy measures in dealing with inflation. With this award, Das became the second Central Bank Governor to be honoured with the award after Raghuram Rajan who won the title in 2015.

Pivotal role

One of the defining aspects of Shaktikant Das’ tenure was his response to the COVID-19 pandemic. With the economy reeling from the pandemic’s effects, Shaktikant Das and the RBI took swift and comprehensive actions. These measures included implementing monetary policies, regulatory adjustments and liquidity enhancement initiatives to cushion the economic blow and ensure financial stability.

Technological advancements

Recognizing the evolving landscapes of the financial sector, Das emphasized the importance of technological integration. He actively promoted digital payments and explored avenues for the introduction of a central bank digital currency (CBDC). These efforts of Das aimed to modernise the financial system and enhanced financial inclusion for all segments of society.

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FAQs

Who is the current RBI Governor?

The current RBI Governor is Shaktikant Das who assumed the esteemed position of the 25th Governor of RBI in December 2018.

In which year, Shaktikant Das received the title of 'Governor of the Year'?

Shaktikant Das was also honored with the title of ‘Governor of the Year’ for 2023 by Central Banking in London for his contribution to safeguarding the Indian economy amidst several global economic turmoils.

Akansha Arora

My role as a content writer specializing in current affairs at Adda247 involves meticulously researching and crafting compelling articles aimed at guiding and informing candidates preparing for National and State Level Competitive Government Exams. With a dedication to educational excellence, I strive to keep our candidates abreast of the latest developments and trends in current affairs. By providing insightful and engaging content, I aim to ensure that aspiring candidates are well-prepared and informed for their examinations.