The current tenure of Shaktikanta Das as the Governor of Reserve Bank of India (RBI) is slated to end on December 10.

Shaktikanta Das, who has been heading the RBI since December 2018, has already surpassed the typical five-year term.

The report noted that Das was one of the most trusted bureaucrats in Prime Minister Narendra Modi’s administration before he was chosen to lead the banking regulator in December 2018

NEW DELHI/MUMBAI: The Centre is likely to extend the term of RBI governor Shaktikanta Das for a second time, three sources with direct knowledge of the matter told Reuters, an unprecedented move that would make him the longest serving chief since the 1960s.

The Maharashtra election season is in full swing, as voting in the state's election to 288 assembly seats is underway. As the days roll out, more people are expected to use to join the queue and cast their ballot,

MUMBAI: Stressing the importance of ethical conduct of banking for their long-term health and stability, the Reserve Bank governor Shaktikanta Das has warned bankers against misselling, opening accounts without proper KYC verification/documents and other unethical practices.

Shaktikanta Das, appointed in December 2018, stepped into the role during strained relations between the government and the RBI.

Governor Shaktikanta Das, a Reuters report said on Monday. According to the report, three sources told the agency that the government is poised to give a third term to Das. The move would make Shaktikanta Das the longest-serving RBI Governor since the 1960s.