For his steady leadership during challenging times, including the COVID-19 pandemic and the inflationary impact of Russia's invasion of Ukraine, Reserve Bank of India Governor, Shatikanta Das has been named 'Governor of the Year' by Central Banking.
Central Banking Publications is a financial publisher specialising in public policy and financial markets, with an emphasis on central banks, and international financial institutions.
Das was commended for steering the central bank deftly between intense political pressures and economic disaster. He insisted that 'sunset clauses' be applied to most of the RBI's COVID-19 interventions and provided targeted liquidity to key sectors, foreign exchange, and more generous terms to state governments on their overdraft facilities.
Under Das's leadership, the RBI implemented critical reforms, introduced innovative payment systems, and provided growth-supportive measures during the pandemic.
Back in 2015, RBI former governor Raghuram Rajan was also conferred the same title.