When asked about the tiff between the RBI and the Central Government, the Governor said every institute has its autonomy and should have accountability as well.
"I will try and uphold professionalism, core values, credibility and autonomy of this institution".
NDTV is one of the leaders in the production and broadcasting of un-biased and comprehensive news and entertainment programmes in India and overseas. However, many have linked the resignation with the growing rift between the RBI and Narendra Modi's government over the past few months. "I will try my best to work with everyone and work in the interest of Indian economy", Das said at his first news conference after taking charge on Wednesday. "Inflation targeting is an important function as it is a mandated requirement of RBI now", Das said. He also claimed that it is only the banking segment that is facing several challenges now that need to be solved as soon as possible.
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On 11 January 2013, Patel was appointed as Deputy Governor of RBI for a period of three years.
Shaktikanta Das who was named as the 25th RBI Governor on Tuesday, day after Urjit Patel stepped down from the post citing "personal reason", said that: "It was an honour and great opportunity to serve RBI".
"Heartening to know that inflation is on target with a benign outlook", Das added.
Das, a 1980-batch Tamil Nadu cadre IAS officer, who retired as Economic Affairs Secretary in May 2017, oversaw the re-monetisation of the economy after the shock decision to withdraw 86 per cent of the currency in circulation in November 2016. Das also plans to meet chiefs of private banks later.