'A BIG Thank You': Outgoing RBI Governor Shaktikanta Das Expresses Gratitude, Thanks PM Modi, FM Sitharaman In His Parting Message

In a heartfelt social media post, departing Reserve Bank of India (RBI) Governor Shaktikanta Das thanked the government, stakeholders, and his colleagues for their support and contributions during his tenure.

In a social media post on X shared on Tuesday, Das thanked Prime Minister Narendra Modi for entrusting him with the role of RBI Governor and providing guidance and encouragement throughout his term.

"Immensely grateful to the Hon'ble PM @narendramodi for giving me this opportunity to serve the country as Governor RBI and for his guidance and encouragement. Benefited a lot from his ideas and thoughts," Das wrote.

Additionally, he thanked Finance Minister Nirmala Sitharaman for the strong fiscal-monetary coordination that occurred under his leadership.

"Heartfelt thanks to Hon'ble FM @nsitharaman for her constant support and backing. The fiscal-monetary coordination was at its best and helped us to deal with the multiple challenges during the last six years," he said.

Shaktikanta das acknowledges all stakeholders

Das recognized that stakeholders from a range of industries, including the banking, agricultural, cooperative, and service sectors, had contributed ideas and recommendations. He conveyed gratitude to industry associations, experts, and economists for their significant input into policymaking.

Das thanking Team RBI

The RBI team's combined efforts in navigating a difficult global economic environment characterized by unprecedented shocks were also commended by Das in his message.

"A BIG thank you to the entire Team RBI. Together, we successfully navigated an exceptionally difficult period of unprecedented global shocks. May the RBI grow even taller as an institution of trust and credibility," he added.

Das is remebered for steering economy through COVID-19

As Shaktikanta Das bids farewell, his tenure is remembered for its role in steering the Indian economy through turbulent times, including the COVID-19 pandemic and global economic uncertainties.

The govt has appointed Sanjay Malhotra, currently serving as the revenue secretary at the Ministry of Finance as the new Governor of Reserve Bank of India.

This appointment is effective December 11, 2024, and will continue for three years, as per an official notification from the Department of Personnel and Training released on Monday.