<h1>Appointment of Central Bank Governor signals bureaucratic return amid governance dispute with finance ministry and policy stance</h1> The Appointments Committee of the Cabinet appointed Shaktikanta Das as the new Reserve Bank governor for a three-year term, succeeding a governor who resigned amid a governance dispute with the finance ministry. The nomination underscores executive selection of central bank leadership and follows tensions over liquidity, reserves and lending norms that led to invocation of a provision of the RBI Act to bring the governor to the negotiating table. Das's prior experience in revenue and economic affairs, his role in post-demonetisation remonetisation, and service as a G 20 sherpa and finance commission member underpin the appointment.