Why Shaktikanta Das is a shoo-in for a third term as RBI governor

The central bank, under Das, has gone from reactive to proactive regulation. With signs of stress resurfacing in the banking system, the need for a taskmaster like him at the helm is stronger than ever.

18 November, 202411 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

Star manager’s impending retirement threatens to stymie ICICI Pru MF’s race to the top

Sankaren Naren’s risk-adjusted returns strategy has worked wonders for the fund house, putting it within reach of the top spot. The good run now hinges on a clear succession plan.

Business
Story image

RBI’s rate cuts fail to arrest India’s economic decline

Despite the go-go narrative, it is clear that the country’s economic growth is in a funk. What’s more, history shows that further interest rate cuts to fuel stalled growth will be as futile as flogging a dead horse.

Business
Story image

HDFC Bank charged with ripping off NRI depositors. Now it is set to pay

Allegations of misselling risky AT1 bonds to retail investors come as a new headache for India’s largest private bank. The regulatory backlash could leave a $100 million hole in its books.