In his distinguished service of 44 years, Das held several key post during demonetisation and other challenging phases. As RBI Governor, he cut the policy repo rate to a historic low of 4 per cent, continuing with the low-interest rate regime for almost two years to help the economy hit badly by the Covid lockdown.

The appointment comes after Das finished his second term at the helm of the Reserve Bank of India in December last year, where he oversaw monetary policy, debt and forex markets, along with financial

Modi govt has appointed former RBI governor Shaktikanta Das as Principal Secretary-2, making his appointment coterminous with the PM’s term.

Never Lose Your Faith in India’s Destiny,” said Shaktikanta Das, the former and 25th Governor of the Reserve Bank of India (RBI), who is all set to take on a new, pivotal role as Principal Secretary-2 to Prime Minister Narendra Modi.

Former Reserve Bank of India governor Shaktikanta Das was on Saturday appointed the second Principal Secretary to Prime Minister Narendra Modi

Former RBI governor Shaktikanta Das has been appointed as principal secretary-2 to Prime Minister Narendra Modi, a newly created post. His appointment is co-terminus with the PM's term and reflects his success during demonetisation and the COVID-19 lockdown.