RBI becomes first central bank with 1 million Twitter followers

RBI becomes first central bank with 1 million Twitter followers

The Reserve Bank of India (RBI) has become the first central bank in the world to have more than one million or 10 lakh Twitter followers. RBI Governor Shaktikanta Das congratulated his central bank colleagues following the development. “RBI Twitter account reaches one million followers today. A new milestone. Congratulations to all my colleagues in RBI,” Das said in a Twitter post. As of Sunday, RBI’s Twitter handle is followed by more than 10,00,000 people around the globe, making it one of the most popular central banks in the world. It may be noted that RBI now has more Twitter followers than the US Federal Reserve and the European Central Bank.

RBI’s achievement is commendable, considering that the 85-year-old central bank was a latecomer on Twitter. Its account was created in January 2012, much later than the Twitter handles of US Federal Reserve and the European Central Bank (ECB) The second-most followed central bank on Twitter is the Banco de Mexico or the central bank of Mexico. It has 7.74 lakh followers, followed by the Bank of Indonesia with 7.57 lakh followers. The US Federal Reserve, the world’s most prominent central bank, has only 6.77 lakh followers. Meanwhile, the second-most powerful monetary authority in the world, ECB, has 5.91 lakh followers on Twitter. ECB is followed by the Central Bank of Brazil with 3.82 lakh follows and then comes the Bank of England with 3.17 lakh followers. The next slot is occupied by the Bank of Canada with 1.80 lakh, followed by the State Bank of Pakistan with 1.16 lakh followers.