The Reserve Bank of India (RBI) has announced the appointment of Indranil Bhattacharyya as its new Executive Director (ED), effective March 19, 2025. Before assuming this role, Indranil served as an Advisor in the Monetary Policy Department of the central bank.
In his new position, he will be responsible for leading the Department of Economic and Policy Research (DEPR). With nearly three decades of experience, he has contributed extensively to various domains, including monetary and fiscal policy, banking, and international economic relations. His tenure at RBI has spanned multiple departments, such as the Monetary Policy Department, DEPR, and the International Department. Additionally, he has international experience, having served as an Economic Expert in the Technical Office of the Governor at Qatar Central Bank from 2009 to 2014.
A postgraduate in Economics from Jawaharlal Nehru University (JNU), New Delhi, Bhattacharyya’s research interests include monetary theory and policy, financial markets, market microstructure, and fiscal policy.
Earlier this month, the RBI also appointed Ajit Ratnakar Joshi as an Executive Director, overseeing the Department of Statistics and Information Management (DSIM) and the Financial Stability Department.
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