Governor of the Year: Shaktikanta Das, Governor of India’s Central Bank Reserve Bank of India, has been honored with the ‘Governor of the Year’ award. He has been given this honor today at the Central Banking Awards 2023 in London.
Why was the RBI governor selected for this award?
Central Banking is an international economic research journal. RBI Governor Shaktikanta Das was selected for this award because he handled India’s banking system well amid the economic crisis that arose during the Kovid epidemic and during the economic upheaval. At the same time, he also achieved success in managing inflation efficiently.
Shaktikanta Das leads the payment innovation system
The organizers of the Central Banking Awards say that along with challenging reforms in India, the RBI governor also led the world’s leading payment innovation system. Apart from this, by bringing India forward in difficult times, it also handled its economic system. According to the organisers, the RBI governor strongly pushed forward difficult reforms, along with this he also played an important role in maintaining the country’s economic system and pulled the country out of difficult situations.
Shaktikanta Das’s name was recommended in March 2023
In March 2023, the name of Shaktikanta Das was recommended by the publication for this award. He emerged as the first choice for this award for his work in keeping India’s banking system strong in the face of economic conditions like Russia-Ukraine war, global challenges, shortage of crude oil. In the midst of global political pressures, efforts to control inflation were accelerated under his leadership, whose positive results were also seen. RBI played its role as the central bank of the country very well and the credit goes to the RBI governor to a large extent.
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