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RBI Releases Department-Wise Portfolio Distribution of All Deputy Governors

The realignment of the departments has been finalized following the appointment of Shirish Chandra Murmu on October 9, 2025

Department-Wise Portfolio Distribution
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Portfolio Distribution

The Reserve Bank of India (RBI) has issued Press Release No. 2025-2026/1284, dated October 9, 2025 which details the revised distribution of departments among its four Deputy Governors following the assumption of charge by Shirish Chandra Murmu on October 9, 2025.

The updated allocation, which is effective immediately realigns certain key functional areas across regulation, supervision, policy and operations in a calculated measure to streamline regulatory oversight and enhance institutional efficiency of the central bank.

As per the official communication issued by the RBI, T. Rabi Sankar will oversee the following departments:

  • Corporate Strategy and Budget Department
  • Department of Currency Management
  • Department of External Investments & Operations
  • Department of InformationTechnology
  • Department of Payment and Settlement Systems
  • Fintech Department
  • Financial Markets Regulation Department
  • Foreign Exchange Department
  • Internal Debt Management Department
  • Rajbhasha Department
  • Risk Monitoring Department
  • Secretary’s Department

Swaminathan Janakiraman has been entrusted with:

  • Central Security Cell
  • Consumer Education and Protection Department
  • Department of Supervision
  • Deposit Insurance and Credit Guarantee Corporation (DICGC)
  • Financial Inclusion and Development Department
  • Human Resource Management Department
  • Inspection Department
  • Legal Department
  • Premises Department
  • Right to Information (RIA) Division

Dr. Poonam Gupta will be responsible for:

  • Department of Economic and Policy Research
  • Department of Statistics and Information Management
  • Financial Markets Operations Department
  • Financial Stability Department
  • International Department
  • Monetary Policy Department

The latest incoming Deputy Governor Shirish Chandra Murmu will head:

  • Department of Communication
  • Department of Government and Bank Accounts
  • Department of Regulation
  • Enforcement Department

Financial and regulatory analysts note that the reshuffle follows a comprehensive internal review and is part of the ongoing process by the RBI to align departmental responsibilities with evolving regulatory and supervisory needs. The realignment of the departments has been finalized following the appointment of Shirish Chandra Murmu on October 9, 2025.

As the Reserve Bank makes board-level changes to strengthen its regulatory, monetary and enforcement architecture amid a dynamic global financial environment, the nation, and in particular the finance sector can expect a bolstered operational strategy.

The Press Release has been issued in the name of RBI’s Chief General Manager, Brij Raj.

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