<p>The Indian government said Shaktikanta Das has been re-appointed as the governor of the Reserve Bank of India (RBI) for another three years or until further orders.</p>.<p>The decision was approved by the cabinet's appointments committee late on Thursday.</p>.<p>Das first took the helm in December 2018 and before that was the department of economic affairs secretary at the finance ministry.</p>.<p>To shore up the economy against the impact of the Covid-19 pandemic, the central bank has cut key interest rates to record lows and infused massive rupee liquidity into the banking system.</p>.<p>With markets now gearing up for the reversal of the ultra-loose monetary policy, stability at the RBI in terms of the top leadership is seen as crucial.</p>.<p>The central bank has taken a more consultative approach with markets under Das who has been keen to have more transparency and direct communication.</p>.<p><strong>Watch latest videos by DH here:</strong></p>
<p>The Indian government said Shaktikanta Das has been re-appointed as the governor of the Reserve Bank of India (RBI) for another three years or until further orders.</p>.<p>The decision was approved by the cabinet's appointments committee late on Thursday.</p>.<p>Das first took the helm in December 2018 and before that was the department of economic affairs secretary at the finance ministry.</p>.<p>To shore up the economy against the impact of the Covid-19 pandemic, the central bank has cut key interest rates to record lows and infused massive rupee liquidity into the banking system.</p>.<p>With markets now gearing up for the reversal of the ultra-loose monetary policy, stability at the RBI in terms of the top leadership is seen as crucial.</p>.<p>The central bank has taken a more consultative approach with markets under Das who has been keen to have more transparency and direct communication.</p>.<p><strong>Watch latest videos by DH here:</strong></p>