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RBI Appoints Sanjay Kumar Hansda as Executive Director; Importantly Reshuffles Deputy Governor Portfolios.

Appointment | Dated: 13 Oct 2025

In October 2025, the Reserve Bank of India (RBI) appointed Sanjay Kumar Hansda as the new Executive Director (ED) of the central bank, effective from March 3, 2026. Importantly, this announcement came alongside a major reshuffle of deputy governor portfolios aimed at boosting operational efficiency and strengthening leadership coordination within the RBI.

🎯 Key Highlights:

  • - Sanjay Kumar Hansda’s appointment marks a key leadership addition to the RBI. He will assume charge as Executive Director from March 3, 2026, following the completion of his deputation as Senior Adviser to the Executive Director (India) at the International Monetary Fund (IMF)
  • - As Executive Director, Sanjay Kumar Hansda will importantly oversee the Department of Economic and Policy Research (DEPR) of the RBI.
  • - The DEPR is a core policy department responsible for economic research, macroeconomic assessments, and preparation of the RBI’s Annual Report, forming the foundation for monetary policy formulation.

💡 Other Important Facts:

  • (i) On October 9, 2025, the RBI announced a restructuring of the portfolios of its four Deputy Governors, effective immediately. The move was intended to enhance administrative efficiency, optimize workflow across departments, and align the bank’s leadership structure with its evolving regulatory and supervisory priorities.
  • (ii) Shirish Chandra Murmu took charge as Deputy Governor of the RBI for a three-year term. He now oversees major departments such as Communication, Government and Bank Accounts, Regulation, and Enforcement.
  • (iii) A veteran of the RBI since 1991, Dropadi Murmu earlier served as Executive Director (ED), contributing to key operational and regulatory reforms within the central bank.

📚 Test Your Knowledge:

Who has been recently appointed as the new Executive Director (ED) of the Reserve Bank of India (RBI)?

Correct Answer: Sanjay Kumar Hansda

🚀 Quick Recap:

About RBI

  • Governor : Sanjay Malhotra
  • Headquarter : Mumbai