ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

RBI Governor Shaktikanta Das meets FM Nirmala Sitharaman in Delhi

The meeting comes just days before Das' current term as RBI Governor ends, and a day after the monetary policy meeting.

ANI Dec 07, 2024 18:45 IST googleads

RBI Governor Shaktikanta Das (third from left) outside North Block in New Delhi (Image: ANI)

New Delhi [India], December 7 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das met Finance Minister Nirmala Sitharaman at her office in the North Block on Saturday evening.
The meeting comes just days before Das' current term as RBI Governor ends, and a day after the monetary policy meeting.
Das has served as the Governor of the RBI for six years and his term is ending on December 10.
The meeting between Das and Sitharaman lasted for about half an hour, sources said.
Any possible extension beyond December 10, whether or not, is not known yet.
If an extension is granted, Das would become the longest-serving RBI Governor since Benegal Rama Rau, who held the position for 7.5 years, from 1949 to 1957.
Shaktikanta Das, a seasoned bureaucrat, previously served as the Secretary of the Department of Revenue and the Department of Economic Affairs under the Ministry of Finance. He assumed office as the 25th Governor of the RBI on December 12, 2018, with his term extended in 2021.
Before his role as RBI Governor, Das was a Member of the 15th Finance Commission and served as India's G20 Sherpa. He has over four decades of experience in governance, holding key positions in both the central and state governments across areas such as finance, taxation, industries, and infrastructure.
During his tenure in the Ministry of Finance, Das was closely involved in the preparation of eight Union Budgets. He is a postgraduate from St. Stephen's College, Delhi University. (ANI)

Get the App

What to Read Next

Business

Hong Leong Islamic Bank Enters New Era as "HLB Islamic"

Hong Leong Islamic Bank Enters New Era as

Kuala Lumpur [Malaysia], March 12: As a strategic move to refresh and strengthen its core vision, Hong Leong Islamic Bank ("HLB Islamic" or the "Bank") is transitioning to a refreshed consumer-facing brand identity, now known as HLB Islamic, and a strengthened core proposition that approaches financial services not as a series of siloed products and transactions, but as total wealth stewardship through a Shariah-principle-guided life-cycle approach known as Hayat @ HLB Islamic. This evolution is rooted in the Bank's new philosophy, 'Timeless Principles Guiding Tomorrow's Wealth', introduced during its 20th anniversary last December to signal a new chapter in wealth stewardship.

Read More
Business

Jindal Steel Declared Preferred Bidder

Jindal Steel Declared Preferred Bidder

Bhubaneshwar (Odisha) [India], March 12: Jindal Steel has been declared the preferred bidder by the Government of Odisha for the Rengalaberha North-East Extension and Nuagan West Iron Ore Block in Keonjhar district. The iron ore block spans approximately 84 hectares. Following the successful conclusion of the online auction, Jindal Steel has committed to a final price offer of 111.15 per cent premium to the Government of Odisha.

Read More
Business

'India’s non-bank lenders seen growing faster than banks'

'India’s non-bank lenders seen growing faster than banks'

India's non-bank financial companies (NBFCs) are expected to expand faster than traditional banks over the coming decade as lenders adopt artificial intelligence and expand into new loan segments, according to a research report by Nomura.

Read More
Business

Wizz Financial Completes First Stablecoin-Powered Cross-Border

Wizz Financial Completes First Stablecoin-Powered Cross-Border

Dubai [UAE], March 12: Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, today announced the completion of its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, in partnership with BitGo Bank & Trust, N.A. ("BitGo"), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO). Through the partnership, Wizz Financial is utilizing BitGo's institutional-grade wallet infrastructure and e-trade services to facilitate the conversion of fiat currency into stablecoins, enabling near-real-time settlement, enhanced liquidity management, and compliant, scalable cross-border remittance flows across its global network as new corridors are progressively launched.

Read More
Business

Swiggy and HDFC Bank Elevate Everyday and Travel Rewards

Swiggy and HDFC Bank Elevate Everyday and Travel Rewards

Bengaluru (Karnataka) [India], March 12: Swiggy, India's pioneering on-demand convenience platform, and HDFC Bank, India's largest private sector bank, today announced the expansion of their co-branded credit card portfolio with the launch of two new variants: the Swiggy BLCK HDFC Bank Credit Card and the Swiggy Ornge HDFC Bank Credit Card. The Swiggy BLCK and Ornge HDFC Bank Credit Cards are designed to maximize value across food, quick commerce, lifestyle, and travel. Card members will enjoy enhanced, category-leading cashback on Swiggy and premium partner platforms, alongside exclusive instant discounts on Cleartrip and Nykaa. The expanded portfolio offers up to ₹48,000 in annual savings, bringing elevated, everyday benefits to a wider segment of consumers.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.