The Reserve Bank of India (RBI) has appointed Indranil Bhattacharyya as its new Executive Director (ED), effective March 19. He will oversee the Department of Economic and Policy Research. Bhattacharyya, who previously served as an Adviser in the Monetary Policy Department, has nearly three decades of experience in monetary and fiscal policy, banking, and international economics.
The Reserve Bank of India (RBI), the country’s central bank responsible for monetary policy and financial regulation, has appointed Indranil Bhattacharyya as its new Executive Director (ED). The appointment is effective from March 19, according to an official RBI statement.
In his new role, Bhattacharyya will oversee the Department of Economic and Policy Research (DEPR), a key division of the central bank that formulates economic policies, conducts research, and provides insights into financial markets and fiscal policies.
Extensive Experience in Monetary Policy
Prior to his promotion, Bhattacharyya served as an Adviser in the Monetary Policy Department, contributing significantly to RBI’s economic strategies. His professional career spans nearly three decades, with expertise in monetary policy, fiscal policy, banking, and international economic relations.
Between 2009 and 2014, he served as an economic expert in the technical office of the Governor at Qatar Central Bank, bringing international experience to his new role.
Bhattacharyya holds a postgraduate degree in economics from Jawaharlal Nehru University, New Delhi. His research interests include monetary theory, financial markets, market microstructure, and fiscal policy, which align with RBI’s core functions.
His appointment comes at a crucial time as RBI continues to steer India’s economic policies, strengthen banking regulations, and enhance financial stability.
