Mumbai (Maharashtra) [India]: Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday was awarded for being ranked ‘A+’ in the Global Finance Central Banker Report Cards 2023 at Morocco’s Marakesh, the central bank said.
“Governor Shri Shaktikanta Das @DasShaktikanta received the Award for being ranked ‘A+’ in the Global Finance Central Banker Report Cards 2023, at #Marakkesh, #Morocco today,” the RBI said in a post on ‘X’.
Governor Shri Shaktikanta Das @DasShaktikanta received the Award for being ranked ‘A+’ in the Global Finance Central Banker Report Cards 2023, at #Marakkesh, #Morocco today. @GFmag annual Central Banker Report Cards recognises those central bank governors whose strategies… pic.twitter.com/bgULVExeCF
— ReserveBankOfIndia (@RBI) October 14, 2023
The Global Finance annual Central Banker Report Cards recognise those central bank governors whose strategies outperformed their peers through originality, creativity and tenacity, the RBI added.
“We are happy to announce that Governor Shri Shaktikanta Das has been rated “A+” in the Global Finance Central Banker Report Cards 2023. Shri Das has been placed at the top of the list of three central bank governors who have been rated A+,” the RBI said in an earlier post on ‘X’ in September.
Apart from Das, Switzerland’s Thomas J Jordan and Vietnam’s Nguyen Thi Hong also received the Award for being ranked ‘A+’ according to the Central Banker Report Cards.
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries, territories and districts, including the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States, a press release from Global Finance stated.
Grades are based on a scale from A to F for success in inflation control, economic growth goals, currency stability and interest rate management. While an “A” represents an excellent performance an “F” represents outright failure.
Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community, the release stated.