Monday, October 13, 2025

RBI announces new portfolio distribution among deputy governors

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The Reserve Bank of India (RBI) on Thursday announced a fresh allocation of portfolios among its deputy governors following the appointment of Shirish Chandra Murmu.Murmu, who took charge as deputy governor, will oversee the Department of Communication, Department of Government and Bank Accounts, Department of Regulation, and the Enforcement Department, the central bank said in a statement.
Deputy Governor T. Rabi Sankar will continue to handle key market and technology-related functions, including the Department of Payment and Settlement Systems, Fintech Department, Foreign Exchange Department, and Internal Debt Management Department. He will also oversee the Department of Currency Management and Information Technology.

Swaminathan Janakiraman will head supervisory and consumer-facing functions such as the Department of Supervision, Consumer Education and Protection Department, and the Deposit Insurance and Credit Guarantee Corporation. His responsibilities also include the Legal Department and Human Resource Management Department.Deputy Governor Poonam Gupta will be in charge of the research and policy wing, including the Department of Economic and Policy Research, Monetary Policy Department, and Financial Stability Department, among others.The reallocation takes effect from October 9, 2025, the RBI said.

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