Reserve Bank of India (RBI) Governor Shaktikanta Das has been elected the world’s top central banker for the second consecutive year. Shaktikanta Das has received an A+ rating in the Global Finance Central Banker Report Card 2024.
Shaktikanta Das has been given this honour for control over inflation, economic growth, currency stability and control over interest rates. He was elected the top central banker last year and got an A+ rating.
Das was awarded 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 inflation control, economic development goals, currency stability, and interest rate management. ‘A’ represents outstanding performance and ‘F’ is a complete failure.
The magazine states that Global Finance’s Yearly Central Banker Report Card honours bank governors whose strategies have outperformed their counterparts through originality, creativity, and perseverance.
The Central Banker Report Card has been published annually in the US Global Finance magazine since 1994. It grades central bank governors from 101 countries, regions and districts. These include the European Union, Eastern Caribbean Central Bank, Bank of Central African States and 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 the 1980 batch. Under Das’ leadership, RBI has kept interest rates stable for about one and a half years. Inflation has also been controlled. During this time, the country has also achieved an economic growth rate of more than 8%.
