Shirish Chandra Murmu, currently an RBI executive director, has been appointed as the central bank's Deputy Governor for a three-year term beginning October 9, 2025. He will succeed M Rajeshwar Rao and oversee key areas like banking regulation, supervision, and monetary policy. This elevation ensures regulatory continuity amidst global uncertainties.
Shirish Chandra Murmu, currently an RBI executive director, has been appointed as the central bank's Deputy Governor for a three-year term beginning October 9, 2025. He will succeed M Rajeshwar Rao and oversee key areas like banking regulation, supervision, and monetary policy. This elevation ensures regulatory continuity amidst global uncertainties.