Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest.
Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
Plans to elevate the rupee to a global free-floating currency are gaining momentum once more. The RBI s Report on Currency and Finance 2020-21 initiated this push, envisioning the rupee s ascent as an international currency. The timing of the move looks quite apt from a macroeconomic perspective.