The mastermind that stabilizes the Indian economy, Raghuram Rajan (Reserve Bank of India Governor) has been conferred with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by “The Banker”, a monthly publication of the Financial Times Group focusing on banking.
- In 2015, Indian GDP grew at 7.5% which was considered as the strongest among large economies.
- The rupee was one of the few stable emerging market currencies in 2015.
- This award recognizes the officials and bankers who have best managed to stimulate growth and stabilise their country’s economy.
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