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RBI Central Board Director Dr. Ravindra H. Dholakia re-appointed to NABARD Board of Directors [Read Notification]

Dr. Dholakia has previously collaborated with international institutions such as WHO, UNICEF, World Bank, UNDP and the United Nations

RBI Central Board Director
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RBI

The Central Government has re-appointed Dr. Ravindra H. Dholakia to the Board of Directors of the National Bank for Agriculture and Rural Development (NABARD)

Dr. Dholakia is currently the director of the Central Board of the Reserve Bank of India (RBI) and has been appointed to this new role for a period of three years or until further orders, taking charge from October 6, 2025.

The re-appointment was made in consultation with the Reserve Bank of India under Section 6 of the NABARD Act, 1981.

Dr. Ravindra H. Dholakia is a distinguished economist with more than four decades of teaching, research, training and consultancy experience across various government and non-governmental entities.

He earlier served as Professor of Economics at the Indian Institute of Management Ahmedabad from 1985 until his retirement in April 2018. Prior to that Dr. Dholakia taught at the M. S. University of Baroda and the Sardar Patel Institute of Economic and Social Research, Ahmedabad.

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At IIM Ahmedabad, he was awarded the “Most Distinguished Faculty Award” for 2017–18, as a recognition of his outstanding contribution to academics and institution building.

His academic qualifications include a Ph.D. in Economics from M. S. University, Baroda and a post-doctoral fellowship from the University of Toronto.

Over the years, Dr. Dholakia has authored more than 140 research papers in reputed journals, 23 books and over 49 monographs.

Dr. Dholakia has previously collaborated with international institutions such as WHO, UNICEF, World Bank, UNDP and the United Nations, rendering his extensive expertise in macroeconomic policy, growth and development, labour, productivity, agriculture, health, education and public finance.

Other laurels include his membership within the first Monetary Policy Committee of India (2016–20) that set the nation’s policy rates and position within the Sixth Central Pay Commission (2006–08) which revised the pay and pensions of over ten million government employees.

Numerous private sector entities have also enlisted his services, with some major names being Air India, Union Bank of India, Power Finance Corporation, State Trading Corporation, Adani Ports, Adani Enterprises and the Gujarat State Petroleum Corporation on whose boards he has served as independent director.

Dr. Dholakia’s re-appointment to NABARD is another nod to his immense experience in economic policy and institutional governance which will continue to guide the development and financial stability of India’s rural and agricultural sectors.

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Notification No: S.O. 3918(E)
Date of Judgement :  26 August 2025

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