Reserve Bank Governor Shaktikanta Das has been honoured with the 'Governor of the Year 2023 Award' by the international publication Central Banking.
The publication praised Shaktikanta Das for his steady leadership during challenging periods, including the collapse of a significant non-banking company, the initial and second waves of the COVID-19 pandemic, and inflationary pressures due to Russia’s invasion of Ukraine.
This is the second time an Indian central bank governor has received the award, with Raghuram Rajan being the previous recipient in 2015.
Shaktikanta Das’s leadership at RBI was critical in implementing essential reforms, innovative payment systems, and growth-oriented measures during the pandemic.
He skillfully navigated political pressures and economic crises, earning accolades for his efforts.