The Reserve Bank of India (RBI) has won the "Risk Manager of the Year Award 2024" by Central Banking, a leading publication based in London, UK. The honour recognises RBI's exemplary progress in enhancing its risk culture and awareness, reaffirming its vital role in safeguarding the stability of the Indian financial system.
The announcement was made by the official RBI account through a post on the social media platform X (formerly known as Twitter). The post reads, "The Reserve Bank of India has been conferred with the Risk Manager of the Year Award 2024 by Central Banking, London, UK. RBI was awarded the Best Risk Manager Award for improving its risk culture and awareness. The award was received on behalf of RBI by Executive Director Shri Manoranjan Mishra."
RBI Executive Director Manoranjan Mishra received the award on behalf of the institution at the award ceremony held in London.
This recognition comes as a testament to RBI's rigorous approach to risk management, which has been crucial in handling India's complex and often volatile financial landscape.
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