Following the assumption of charge by Dr. Poonam Gupta as Deputy Governor, the Reserve Bank of India (RBI) on Friday announced a reshuffle in the portfolios of its four deputy governors.
Dr. Gupta, who joined the central bank on May 2, 2025, has been entrusted with the key Monetary Policy Department, a crucial area she takes over after the retirement of Dr. Michael Debabrata Patra in January. In addition to monetary policy, she will oversee seven other departments, including Corporate Strategy and Budget, Communication, and Financial Stability.
Deputy Governor M Rajeshwar Rao, who was handling the monetary policy brief in the interim, will now be responsible for six departments, including Coordination, Regulation, Enforcement, and Risk Monitoring.
Deputy Governor T Rabi Sankar retains a wide-ranging portfolio, managing 12 departments. These include the Central Security Cell, Information Technology, Payment and Settlement Systems, Foreign Exchange Department, and FinTech, among others.
Deputy Governor Swaminathan Janakiraman has been assigned oversight of Consumer Education, Supervision, Inspection, and four additional departments related to banking operations and oversight.
Join Us on WhatsApp