In the first week of November, then Reserve Bank of India (RBI) Governor Shaktikanta Das refused to drop guard on inflation, citing significant upside risks, at the Business Standard BFSI Insight Summit. In an interaction with Tamal Bandyopadhyay, Consulting Editor, Business Standard, he also remained sanguine about growth.
Das’ six-year tenure as the RBI governor ended on December 10. Then revenue secretary, Sanjay Malhotra, succeeded him. Edited excerpts from a fireside chat with Das at the summit:
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