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Awards won by RBI Governor Raghuram Rajan

Rajan won Central Banker of the Year award for 2016 by 'The Banker'

BS Web Team  |  New Delhi 

Raghuram Rajan
Raghuram Rajan

Reserve Bank of India (RBI) Governor Raghuram Rajan has been felicitated with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by The Banker, the Financial Times Group's monthly publication.

"RBI's focus on taming inflation - India is set to hit its 6 per cent target in 2016 - was key to this performance and reinforced foreign investors' confidence in India's currency and rupee-denominated assets," the magazine said

Here are some other awards conferred upon the RBI Governor:

1: In January last year, British magazine Central Banking, named Rajan as the ‘Governor of the Year’. The magazine said: "Rajan's disciplined and focused approach in leading the Reserve Bank during his first year as governor was remarkably impressive." The award was presented in March, 2015, in London.

2: In October, 2014, Rajan was conferred with the Best Central Bank Governor award for 2014 by Euromoney magazine. According to the magazine, Rajan's tough monetary medicine mitigated the storm ravaging the deficit-ridden economy in the recent emerging market crisis. .

3: In September, 2013, Rajan was awarded awarded the Fifth Deutsche Bank Prize for Financial Economics 2013. He was conferred with the award in recognition of his research work which influenced financial and macro-economic policies around the world.

4: Rajan’s book How Hidden Cracks Still Threaten the World Economy won the Financial Times Business Book of the Year award in 2010.

5: Raghuram Rajan won the Fischer Black Prize in 2003. The prize, established in 2002, honours individual financial research. It is awarded for a body of work that exemplifies developing original research that is relevant to practice.

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First Published: Fri, January 08 2016. 12:13 IST