The appointment of former Reserve Bank of India Governor Shaktikanta Das as “Principal Secretary-2” to Prime Minister Narendra Modi marks a significant shift in governance strategy.
Dr P K Mishra is the Principal Secretary-I to the Prime Minister.
Reserve Bank of India Governor Shaktikanta Das was admitted to a private hospital in Chennai late on Monday night after he complained of uneasiness. According to the hospital, his condition now is stable and there is no cause for concern.
Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday emphasised the critical role of fiscal-monetary coordination in navigating India through a series of external economic shocks.
Reserve Bank of India (RBI) Governor Shaktikanta Das Monday said the central banks must remain vigilant, adaptable, continuously assess risks and build resilience.
"I have tested COVID-19 positive. Asymptomatic. Feeling very much alright. Have alerted those who came in contact in recent days," he said in a tweet.
He further said that the central bank has asked all the banks and NBFCs to undertake stress test internally.
Accordingly, RBI will purchase the SDLs... through a multi-security auction using the multiple price method.
While making the announcement noted that India will be among very few countries globally with '24x7x365' large value real-time payment system.
The liquidity availed under the scheme can also be used to extend bank loans and advances to these sectors.
