<h1>Shaktikanta Das appointed as new RBI Governor, succeeding Urjit Patel after his unexpected resignation. Das to serve three-year term.</h1> Former bureaucrat Shaktikanta Das has been appointed as the new Governor of the Reserve Bank of India, succeeding Urjit Patel, who unexpectedly resigned. Das, aged 61, will serve a three-year term and is the first bureaucrat to lead the central bank in nearly five years. Previously, Das played a key role in managing the economy post-demonetization and has extensive experience in both state and union government roles. His appointment comes after Patel's resignation following disagreements with the Finance Ministry over issues such as liquidity and central bank reserves. Das will be the 25th Governor of the RBI.