RBI Guv: Will work closely with govt

Shiv Kumar
Tribune News Service
Mumbai, December 12

Newly appointed RBI Governor Shaktikanta Das, who assumed office today, said the central bank should hold consultations with all stake-holders, including the government. “The government is not just a stakeholder, it runs the economy and the country,” he told the media.

Das said he would try to uphold the autonomy and core values of the RBI as an institution. “It will take time for me to settle down and look at all issues.” As planned earlier, the RBI board meeting would be held on December 14, he said.

Expecting Das, the government's pointman during the note-ban months and who worked in getting the monetary policy committee in place, to work more closely with the government, Dalal Street lapped up the appointment with 630-point salute.

On rumours about the resignation of Deputy Governor Viral Acharya, he said, “I just had tea with the RBI Deputy Governor. He is still with us” He said he had convened a meeting with CEOs and MDs of public sector banks on Thursday. “Banking is an important segment in our economy. It is this sector on which I would want to focus immediately,” the Governor said.

What Das said

"Will have consultations with everyone, including the govt. The government is not just a stakeholder, it runs the economy and the country" Shaktikanta Das, RBI Governor