In a pivotal move ahead of the Monetary Policy Committee (MPC) meeting, Dr. Poonam Gupta has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI).
With extensive operational and policy experience spanning decades, Dr. Gupta will succeed Michael Patra in the role. Her appointment comes as the nation gears up to tackle pressing economic matters such as inflation, monetary stability, and growth policies.
Dr. Gupta, the Director General of the National Council of Applied Economic Research (NCAER), brings a wealth of expertise in macroeconomics, international finance, and economic policy research. Her illustrious career includes senior roles at the World Bank and the International Monetary Fund, along with academic contributions at prestigious institutions like the Delhi School of Economics. She has authored numerous policy papers and reports that have shaped economic discourse in India and abroad.
Her responsibilities as Deputy Governor will include steering the RBI’s policy directions, overseeing monetary strategies, and contributing to the country’s financial architecture.