"I will try to uphold the credibility and autonomy of a great institution that the RBI is and will take measures which the economy requires in a timely manner. Mr. Das replaces Urjit Patel who resigned on December 10, citing personal reasons. In a tweet, Mr. Das said, “Assumed charge as Governor, Reserve Bank of India. Thank you each and everyone for your good wishes.”Union Finance Minister Arun Jaitley termed Mr. Das a person with “right credentials” for the RBI's top job. Mr. Das, who becomes the 25th Governor of the RBI, is a former IAS officer of Tamil Nadu cadre.

Source: The Hindu December 12, 2018 07:57 UTC