Winning Bizness Desk

Mumbai. For the second consecutive year, Reserve Bank of India (RBI) Governor Shaktikanta Das has been named the world’s top central banker, earning an A+ rating in Global Finance magazine’s Central Bank Report Card for 2024. The recognition was awarded in Washington, D.C., celebrating Das’s effective handling of key economic challenges including inflation control, economic growth, currency stability, and interest rate management. The RBI shared images of Das receiving the award on social media platform X. The recognition was announced by Global Finance two months prior to the event, highlighting his consistent top-tier performance among global central bankers.

Exceptional Leadership in Economic Stability

Das, who was also honored with the “Governor of the Year” award at the Central Banking Awards in London in 2023, has been lauded for his proactive approach to navigating India’s economic landscape. Under his leadership, the RBI has successfully maintained interest rate stability for over 18 months, managed inflation, and supported India’s GDP growth, which exceeded 8% in recent times. His effective management has been instrumental in fostering economic stability and resilience in the face of global uncertainties.

About the Global Finance Central Bank Report Card

Global Finance grades central bank governors on a scale from A to F, assessing their success in areas like inflation control, economic development, currency stability, and interest rate policies. An “A” represents outstanding performance, while an “F” indicates failure. The annual report has been a trusted gauge of central banking leadership since its inception in 1994 and evaluates governors from over 100 countries and regions, including central banks in the European Union, West Africa, and the Caribbean. Global Finance’s Report Card is considered a benchmark for central bank governance, honoring leaders whose policies exhibit originality, resilience, and effective strategy.

A Legacy of Service and Stability

Shaktikanta Das, the 25th Governor of the RBI and a former 1980-batch IAS officer, has been pivotal in strengthening India’s financial sector. Appointed as India’s G20 Sherpa in recent years, his tenure at the RBI has been marked by policies aimed at stabilizing inflation and interest rates, which have proven vital for India’s economic resilience.