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Das' final frontier: To bring down inflation to 4% before his term ends

During his five-year tenure, the banking sector has become resilient, improving profitability and maintaining healthy capital

shaktikanta das, rbi
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Photo: Bloomberg

Manojit Saha Mumbai
Reserve Bank of India (RBI) Governor Shaktikanta Das is credited with many achievements, particularly how he navigated the pandemic challenge and then the war in Europe amid global central banks increasing interest rates.

During his five-year tenure, the banking sector has become resilient, improving profitability and maintaining healthy capital.

Business growth continued to be strong. India’s payments system has conquered new peaks with transactions through United Payment Interface clocking a fresh height in November, hitting Rs 17.4 trillion.

Under Das, the RBI launched a pilot on the central bank digital currency last year, with the target of hitting one million

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