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Reserve Bank of India (RBI) Governor Shaktikanta Das has been ranked among the top three central bankers globally for the second consecutive year by the US-based magazine Global Finance.
Das received an ‘A+’ rating in the Global Finance Central Banker Report Cards 2024, the RBI announced on X on Tuesday.
“We are pleased to announce that for the second consecutive year, RBI Governor @DasShaktikanta has been rated ‘A+’ in the Global Finance Central Banker Report Cards 2024,” the central bank’s post stated.
Prime Minister Narendra Modi congratulated Das in a post on X. “This is a recognition of his leadership at the RBI and his work towards ensuring economic growth and stability,” Modi said.
In the report released on August 19, Das secured the second spot among the three central bank governors rated ‘A+’.
The top position went to Denmark’s Christian Kettel Thomsen, while Switzerland’s Thomas Jordan was placed third.
According to Global Finance, grades are assigned on an “A+” to “F” scale based on success in areas such as inflation control, economic growth goals, currency stability, and interest rate management.
“The annual Central Banker Report Cards recognize those leaders whose strategies have outperformed their peers through originality, creativity, and tenacity,” Global Finance’s statement highlighted,
Joseph Giarraputo, founder and editorial director of Global Finance, noted, “Central bankers have waged a battle against inflation over the past few years, using their primary tool: higher interest rates. Now, countries around the world are seeing the results of these efforts, as inflation has dropped significantly.”
Since 1994, Global Finance has published the Central Banker Report Cards annually, grading central bank governors from nearly 100 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.
