New RBI Governor takes charge after Urjit Patel resigns

Mumbai: Shaktikanta Das, a retired 1980 batch Indian Administrative Service officer on Wednesday took charge as the 25th Governor of the Reserve Bank of India after Urjit Patel resigned on Monday.

He took to his twitter handle where he broke the news to the masses, "Assumed charge as Governor, Reserve Bank of India. Thank you each and everyone for your good wishes," Das tweeted.

https://twitter.com/DasShaktikanta/status/1072736902397202437

Kapil Sibal showing his dismay on this tweeted, "Shaktikantadas our new RBI Governor A bureaucrat not an economist Defended Demonetisation The Pied Piper will play the tune and the RBI will follow . Inevitable outcome will be that RBI's reserves will be used for government doles. Yet another institution will diminish."

https://twitter.com/KapilSibal/status/1072685528116416512

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