https://www.taxtmi.com/news?id=20807 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. en-us Wed, 12 Dec 2018 10:05:16 +0530 Wed, 12 Dec 2018 10:05:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20807 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. News - Wed, 12 Dec 2018 10:05:16 +0530 https://www.taxtmi.com/news?id=20807