Reserve Bank of India (RBI) Governor Shaktikanta Das has been recognised as the top central banker globally by the US-based Global Finance magazine for the second consecutive year. Global Finance magazine has given Shaktikanta Das an 'A+' rating in its Report Cards 2024. The rating was announced by RBI on X (formerly Twitter), which said, "We are delighted that for the second consecutive year, RBI Governor Shaktikanta Das has been rated 'A+' in the Global Finance Central Banker Report Cards 2024."
Achievement of Shaktikanta Das
Shaktikanta Das has been included in the list of three central bank governors who have received 'A+' rating. According to the Global Finance magazine, central bankers are given grades based on success in inflation control, economic growth goals, currency stability and interest rate management. Grade 'A' stands for excellence and 'F' for failure.
This time, Christian Ketel Thomsen of Denmark, Shaktikanta Das of India and Thomas Jordan of Switzerland have been placed in the 'A+' category. The strategies of these central bankers have helped them outperform their peers with originality, creativity and persistence. Due to their efforts, there has been a significant reduction in inflation rates in countries around the world.
Global Finance Report Card
Global Finance's Central Banker Report Card is published annually and has been grading central bank governors around the world since 1994. The report card evaluates central bank governors from nearly 100 countries, territories and districts, such as the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.
Appreciation of Prime Minister Narendra Modi
Prime Minister Narendra Modi has praised the RBI Governor for receiving this recognition. In a post on August 21, the Prime Minister said, "Congratulations to RBI Governor Shri Shaktikanta Das for this achievement, and that too for the second time. This is a recognition of his leadership at the RBI and his work towards ensuring economic growth and stability."
significance of the achievement
This achievement of Shaktikanta Das has brought global recognition to the quality of management and strategies of the Central Bank of India. It reflects the effectiveness of his policies and decisions, which have not only been helpful in ensuring economic stability in India but have also been effective in the global economic scenario. Thus, Shaktikanta Das receiving an 'A+' rating for the second consecutive year proves his ability and efficiency and enhances the global recognition of the Reserve Bank of India.
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