Poonam Gupta, a former World Bank economist, has been appointed as the Deputy Governor of the Reserve Bank of India (RBI)

The Reserve Bank of India (RBI) has appointed Poonam Gupta as its new Deputy Governor, marking a significant addition to its leadership team. Gupta, a distinguished economist and former member of the World Bank, assumes the role at a crucial time, just ahead of the central bank’s upcoming bi-monthly Monetary Policy Committee (MPC) meeting, scheduled to take place from April 7 to 9, 2025.

Her appointment is expected to bring valuable global economic insights to the RBI, given her extensive experience in international financial institutions and policy research. As Deputy Governor, she will be responsible for overseeing key monetary policy decisions, financial stability measures, and regulatory initiatives. With inflation control, economic growth, and interest rate adjustments being critical concerns, her expertise will play a crucial role in shaping the RBI’s policies in the coming months.

The MPC meeting will be closely watched by financial markets, businesses, and policymakers, as it will provide insights into the central bank’s stance on interest rates, inflationary trends, and economic recovery. Gupta’s appointment underscores the RBI’s commitment to strengthening its leadership team with professionals who have a deep understanding of global and domestic economic challenges.