RBI Governor Shaktikanta Das has been recognized as the “Governor of the Year” for 2023 by Central Banking in London. Here are the key highlights of the news:
Key Highlights:
– Shaktikanta Das was awarded the title for managing inflation and efficiently handling India’s banking system during crises like the Corona pandemic and global upheavals.
– The organizers have said that the RBI chief is behind the much-needed reforms and that the RBI chief has ensured smooth governance of the world’s leading payment innovation.
– Shaktikanta Das took over as the Governor of the Reserve Bank of India on 12 December 2018.
– Before Shaktikanta Das, in the year 2015, the title of ‘Governor of the Year’ has been received by Raghuram Rajan, former Governor of Reserve Bank.
The award has been given to RBI chief Shaktikanta Das for his leadership during global turmoil and difficult times. He managed the central bank of India and the entire banking system in a better way during the corona pandemic, important non-banking companies, Russia-Ukraine war, etc. The collapse of NBFCs also exposed huge flaws in the business model of many mid-sized banks. Who were heavily dependent on NBFCs. Later, other banks like Maharashtra and Punjab Cooperative Bank were also closed. RBI Governor Shaktikanta Das ensured smooth governance of the world’s leading payment innovation and led India in difficult times. It is a proud moment for India’s banking system and Shaktikanta Das.
In conclusion, RBI Governor Shaktikanta Das has been awarded the title of “Governor of the Year” for 2023 by the Central Banking in London for his efficient handling of India’s banking system during crises and managing inflation. He has led India in difficult times and ensured smooth governance of the world’s leading payment innovation.
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