The Central Government has appointed Poonam Gupta as the Deputy Governor of the Reserve Bank of India (RBI) for a three-year tenure. Gupta, currently serving as the Director General of the National Council of Applied Economic Research (NCAER), will succeed Michael D. Patra, whose term ended in January 2025.
Key Highlights of the Appointment
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Gupta will oversee key RBI functions, including monetary policy, economic research, and financial markets operations.
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Her appointment comes just ahead of the RBI’s Monetary Policy Committee (MPC) meeting scheduled for April 7-9, 2025.
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She brings two decades of experience from the International Monetary Fund (IMF) and the World Bank.
Gupta’s Impressive Track Record
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Current Roles: Member of the Economic Advisory Council to the Prime Minister and Convener of the Advisory Council to the 16th Finance Commission.
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Global Experience: Worked at senior positions in IMF and the World Bank before joining NCAER in 2021.
What This Means for RBI & Indian Economy
With her expertise in economic research and policy-making, Gupta’s appointment is expected to strengthen RBI’s approach to inflation control, economic stability, and financial market regulations.
