The Reserve Bank of India (RBI) on Thursday (October 9, 2025) appointed Sanjay Kumar Hansda as Executive Director (ED) with effect from March 3, 2025. He rejoined the central bank on October 6, 2025, upon completion of his deputation as Senior Advisor to the Executive Director (India) at the International Monetary Fund (IMF). He will oversee the Department of Economic and Policy Research in the RBI.
Before his elevation as Executive Director, Dr Hansda served as Adviser in the Department of Economic and Policy Research. He has also held key positions such as Adviser in the Monetary Policy Department and Officer-in-Charge/Director of the Internal Debt Management Department. Earlier, he had a stint as Analyst (Financial Stability) at the Bank of England while on deputation from the RBI.
A seasoned central banker and researcher with nearly three decades of experience, Dr Hansda has worked extensively across diverse areas including the banking sector, monetary and credit policy, interest rates, liquidity management, inflation and growth, financial and capital markets, national and monetary accounts, and inter-regulatory coordination. He has represented the RBI in several national and international forums, including committees of the Bank of England and the Committee on the Global Financial System (CGFS).
Dr Hansda holds a postgraduate degree in economics from Jawaharlal Nehru University and a diploma in financial services management from Jamnalal Bajaj Institute of Management Studies, University of Mumbai.
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