RBI's Shaktikanta Das Gets A+ Top Rating In Global Finance’s Central Banker Report Cards 2023

Reserve Bank of India (RBI) governor Shaktikanta Das has been rated “A+” in the Global Finance Central Banker Report Cards 2023. Mr Das has been placed at the top of the list of three central bank governors who have been rated A+, others are Switzerland’s Thomas J. Jordan and Vietnam’s Nguyen Thi Hong.

Congratulating the RBI governor, Prime Minister Narendra Modi said “this is a proud moment for India, reflecting our financial leadership on the global stage”. PM Modi has also pressed on Mr Das’ “dedication and vision continue to strengthen our nation”s growth trajectory”.

Global Finance magazine has released the names of Central Bank Governors who earned A+, A, or A- grades as part of the Central Banker Report Cards 2023. 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.

Grades are based on a scale from A to F for success in inflation control, economic growth goals, currency stability and interest rate management. (An “A” represents an excellent performance down through an “F” for outright failure.)

“Fighting inflation, which has been fueled by pent-up demand and disrupted supply chains, has everyone turning to their central bankers for help,” said Global Finance founder and editorial director Joseph Giarraputo. “Global Finance’s annual Central Banker Report Cards celebrate those bank governors whose strategies outperformed their peers through orgininality, creativity and tenacity.”

The Bank Governors who earned an “A” grade are:

Brazil – Roberto Campos Neto

Israel – Amir Yaron

Mauritius – Harvesh Kumar Seegolam

New Zealand – Adrian Orr

Paraguay – Jose Cantero Sienra

Peru – Julio Velarde

Taiwan – Chin-Long Yang

Uruguay – Diego Labat