Reserve Bank of India Shaktikanta Das has been rated “A+” for the second consecutive year in the Global Finance Central Banker Report Cards 2024, by the Global Finance Magazine.
In a post on X (formery Twitter), the RBI said, “Happy to announce that for the 2nd consecutive year, RBI Governor @DasShaktikanta has been rated “A+”, in the Global Finance Central Banker Report Cards 2024.”
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of nearly 100 key countries, territories and districts, as well as the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.
Grades are based on an “A+” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management, wherein “A” represents an excellent performance, down through “F” for outright failure.
“Central bankers have waged war against inflation over the past few years, wielding their primary weapon: higher interest rates. Now, countries around the world are witnessing the tangible results of these efforts, as inflation has dropped significantly,” said Joseph Giarraputo, Founder and Editorial Director, Global Finance. The annual Central Banker Report Cards honor those bank leaders whose strategies outperformed their peers through originality, creativity and tenacity.
Besides Shaktikanta Das, Denmark’s Christian Kettel Thomsen and Switzerland’s Thomas Jordan were rated “A+” in the Global Finance Central Banker Report Cards 2024.