India News Get -BusinessRBI Governor Shaktikanta Das Receives A+ Rating in Central Bank Report Cards 2024
The Reserve Bank of India i.e. RBI Governor Shaktikanta Das has been elected as the world’s leading central banker for the second year in a row. Shaktikanta Das has again achieved A+ rating in the Central Bank Report 2024. This award was given to the RBI Governor by Global Finance in Washington DC, America.
RBI shared a few photos of Shaktikanta Das receiving the award on social media platform X. Global Finance had announced this award two months ago.
Shaktikanta Das received this honor for controlling inflation, economic growth, monetary stability and controlling interest rates. He was also elected first central banker last year and received only an A+ rating. Das received the ‘Governor of the Year’ award at the Central Banking Awards 2023 in London in June last year.
Global Finance magazine rated governors on these parameters
According to Global Finance magazine, the grades they give are based on a scale of A to F for success in controlling inflation, economic development goals, monetary stability and managing interest rates. interest. “A” represents exceptional performance and “F” represents complete failure.
Global Finance’s annual Central Bankers Report honors bank governors whose strategies have outperformed those of their peers through their originality, creativity and tenacity, the magazine says.
The Central Bankers Report Card has been published annually in the American magazine Global Finance since 1994. In this framework, central bank governors from 101 countries, regions and districts are rated. These include the Bank of the European Union, the Central Bank of the Eastern Caribbean, the Bank of Central African States and the Central Bank of West African States.
Shaktikanta Das is the 25th Governor of RBI.
Shaktikanta Das is the 25th Governor of RBI. He was also appointed as India’s Sherpa at the G20 conference. He is a retired IAS officer of 1980 batch. Under Das’ leadership, the RBI kept interest rates stable for almost one and a half years. Furthermore, inflation has also been brought under control. During this period, the country also achieved an economic growth rate of more than 8%.