RBI Governor Shaktikanta Das wins 'Governor of the Year' award at Central Banking Awards 2023

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Reserve Bank Governor Shaktikanta Das has been honoured with the 'Governor of the Year 2023 Award' by the international publication Central Banking.

An Overview of The News 

• Mr Das has been heading the central bank since December 2018.

• He has been awarded for successfully navigating the financial markets through various crises, including the pandemic and inflation caused by the war in Ukraine.

About Reserve Bank of India (RBI)

• The Reserve Bank of India (RBI) is the central bank of India and was established on April 1, 1935.

• It is responsible for regulating India's monetary policy and managing the country's currency and foreign exchange reserves.

• RBI also acts as the banker to the Government of India, commercial banks and other financial institutions.

• RBI is headquartered in Mumbai and operates through various regional offices across India.