WASHINGTON: International financial bodies including the IMF, World Bank, and top US federal bodies like the Federal Reserve are "highly impressed" by India's growth at a time when emerging economies are slowing down, officials of these institutions told a group of top Indian bankers.

"For the first time, we are getting a very positive feedback on India. They say that India today is a shining star. They are highly impressed by how things are shaping up in India," G Gopalakrishna, director of RBI's Center for Advanced Financial Research and Learning (CAFRAL) told PTI at the conclusion of a three-day trip to the U.S. Capital.

Gopalakrishna is leading a team of 24 senior executives from top Indian banks on a two-week orientation/study tour of the U.S., during which they will have first-hand exposure to the American banking system, international financial institutions and best practices from here which could be implemented in India.

During the first leg of their trip to Washington DC, the Indian banking executive team held meetings with officials at the International Monetary Fund, World Bank, International Finance Commission, Federal Reserve and Security and Exchange Commission among others.

"At a time when many emerging economies are having problems including China, they feel that India is one country where they have seen tremendous improvement, whether it is controlling inflation or addressing fiscal deficit," said Gopalakrishna, sharing his experience of meeting officials from these U.S. and international financial institutions.

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