The Reserve Bank of India has got a new deputy governor. This post was vacant since January and now Poonam Gupta, Director General of the prestigious National Council of Applied Economic Research (NCAER), will take over this post. The position of Deputy Governor at RBI became vacant after Michael Debabrata Patra stepped down in January.
The government has appointed her as the Deputy Governor of RBI for the next three years. Poonam Gupta, a graduate from Delhi University, has held important positions in the World Bank for a long time. Now she will take over the responsibility of RBI’s Deputy Governor.
Currently, Poonam Gupta is the Director General of the National Council of Applied Economic Research (NCAER). She is also a member of the Prime Minister’s Economic Advisory Council and the Convenor of the Advisory Council of the 16th Finance Commission.
Before joining NCAER in 2021, he held senior positions at the International Monetary Fund (IMF) and the World Bank in Washington for nearly two decades.
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Poonam Gupta: Educational Background
- Ph.D. in Economics – University of Maryland, College Park (1998)
- Specialization: Macroeconomics, International Finance, and International Trade
- M.A. in Economics – University of Maryland, College Park (1995)
- M.A. in Economics – Delhi School of Economics, University of Delhi (1991)
- B.A. in Economics – Hindu College, University of Delhi (1989)
- Awarded the 1998 EXIM Bank Prize for excellence in Ph.D. research on International Economics
Sanjay Malhotra is the Governor
Last year, 56-year-old Sanjay Malhotra was appointed Governor of the Reserve Bank of India (RBI) for a three-year term, effective December 9, 2024.
Before this, Malhotra was serving as the Revenue Secretary of India. He replaced Shaktikanta Das, who completed a six-year term as RBI governor.
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