Business

Poonam Gupta Steps Into Role as RBI Deputy Governor: A New Era for India's Financial Leadership

Poonam Gupta Appointed as RBI Deputy Governor

The Government of India has officially appointed Poonam Gupta as the Deputy Governor of the Reserve Bank of India (RBI), marking a significant addition to the country's financial leadership. Her three-year term commenced on May 2, filling the vacancy left by Michael Patra following his retirement on January 15.

Poonam Gupta takes charge as RBI deputy governor

Portfolio Reallocation Among RBI's Senior Leadership

Gupta's appointment has led to a strategic reallocation of portfolios within the RBI's senior leadership. She is set to oversee several critical departments, including but not limited to monetary policy, financial markets operations, and economic and policy research. Her responsibilities also encompass financial stability, international relations, statistics and information management, corporate strategy and budget, and communication.

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