The government has extended the tenure of Reserve Bank of India (RBI) Governor Shaktikanta Das for three years. Former Minister of Finance and vice-president of All India Trinamool Congress Yashwant Sinha spoke to Harsh Kumar from Outlook Money, on Das’ extension, creation of ‘bad banks’, and what he thinks is the way forward for the Indian economy. Sinha echoes the popular charge against the RBI Governor being the ‘convenient’ choice rather than the best choice. Edited excerpts: