RBI’s Shaktikanta Das awarded “Governor of the Year”; commended for unwavering leadership

In a respectful honour by a global financial analysis journal, RBI’s Shaktikanta Das was awarded “Governor of the Year” for 2023 by Central Banking. The RBI Governor’s leadership and decision-making, particularly at the turbulent occasions for the nation, have been commended by the publication. From COVID-19 pandemic to inflation attributable to Russia-Ukraine battle, Das stood agency in his leadership throughout these occasions.

Das is barely the second Indian central financial institution governor to have acquired this award. Raghuram Rajan was the earlier winner in 2015.

Shaktikanta Das as RBI Guv

Shaktikanta Das has many feathers to his hat. As the governor of the Reserve Bank of India, he was confronted with excessive challenges, however world and nationwide. He was instrumental in implementing essential reforms, executing growth-oriented measures throughout COVID-19 pandemic and bringing forth progressive cost options that strengthened India’s banking sector. He was praised for navigating between political pressures and financial disaster.

“Communication has been one of Das’s key strengths. He has been lively in giving speeches and speaking to the media. He has additionally carried out reforms to permit different senior officers to talk on to the press,” the publication famous.

On the cost entrance, Das taken care of the undertaking to make India’s real-time gross settlement system function round the clock. The rollout of e-Rupee additionally befell throughout Das’ tenure, for which the RBI is conducting trials.