RBI Governor Shaktikanta Das Hospitalised In Chennai

An RBI official later confirmed that Governor Shaktikanta Das is being treated at Apollo Hospital in Chennai, ensuring he is doing well and there are no concerns, as per the report.

RBI Governor Shaktikanta Das

Source : PTI

Reserve Bank of India (RBI) Governor Shaktikanta Das has been admitted to a corporate hospital in Chennai. He is being closely monitored, but there has been no official update from the hospital yet, according to a news agency PTI report on Tuesday.

An RBI official later confirmed that Governor Shaktikanta Das was admitted because of chest pain caused by acidity and is currently being treated at Apollo Hospital in Chennai. The official ensured that the governor was doing well and there were no concerns. A formal statement will be issued shortly, as per the report.

"Reserve Bank of India Governor Shaktikanta Das experienced acidity and was admitted to Apollo Hospital, Chennai for observation. He is now doing fine and will be discharged in the next 2-3 hours. There is no cause for concern," said an RBI spokesperson.

Meanwhile, on Thursday, Das emphasised that stable inflation is crucial for sustained economic growth, as it boosts purchasing power and creates a stable investment environment. Speaking at the High-Level Policy Conference of Central Banks in Mumbai, Das stated, “It acts as a bedrock for sustained growth, enhances the purchasing power of the people and provides a stable environment for investment.”

The governor highlighted that price stability is as crucial as growth. It enables economic agents to plan confidently, reduces uncertainty and inflation risk premiums, and encourages savings and investment. In the long run, price stability fosters sustained high growth, explained Das. He also noted that price stability is particularly important because high inflation disproportionately impacts the poor.

Das added that the strong growth of the Indian economy has given the RBI the flexibility to prioritise inflation control, working towards a sustainable reduction aimed at the 4 per cent target.