RBI Governor Secures A plus Global Rating

• 23 Aug 2024

Source: HT

Prime Minister of India recently congratulated Reserve Bank of India (RBI) Governor Shaktikanta Das for receiving an ‘A+’ rating in the Global Finance Central Banker Report Cards 2024, marking his second consecutive achievement of this high honour.

• Shaktikanta Das is one of only three central bankers globally to receive an "A+" rating, alongside Denmark's Christian Kettel Thomsen and Switzerland's Thomas Jordan.
• The rating, assessed by Global Finance magazine, evaluates central bank governors of almost 100 important nations based on their performance in key areas such as inflation control, economic growth, currency stability, and interest rate management, with grades ranging from "A+" to "F."
• Global Finance's Central Banker Report Cards, initiated in 1994, serve as a key indicator of a central bank's effectiveness in managing economic challenges.
• The recognition underscores the RBI's success in balancing inflation control with economic growth, especially in a volatile global economic environment.

Read more...