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

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.

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.

Shaktikanta Das’s six-year term as Governor of the Reserve Bank of India (RBI) ends on December 10, with uncertainty surrounding his potential extension. His leadership, praised for navigating economic challenges,

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.

If granted an extension, Shaktikanta Das would become the longest-serving head of India's central bank since Sir Benegal Rama Rau's term ended in 1957.