RBI on tricky terrain of high inflation and slowing growth
inflation, and huge expectations to deliver.
Will Shaktikanta Das, the longest serving RBI governor, continue to wage the arduous battle?
While Das may well get an extension (perhaps for a year), no one would have asked the question even a few months ago.
But despite all the accolades and after running a steady ship, Das is completing his six eventful years in RBI on a sombre note: missing inflation target, senior ministers stoking a simmering controversy over computation of inflation, RBI's reluctance to spot a slowing growth and the regulator's stern measures to diffuse loan bubbles worsening the consumption squeeze.
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