Shirish Chandra Murmu Takes Charge as Deputy Governor of RBI
Shirish Murmu took his first steps into the Reserve Bank in 1991 and has since held several important positions across key departments.
RBi - Deputy - Governor - Taxscan
RBi - Deputy - Governor - Taxscan
The Reserve Bank of India (RBI) has announced that Shirish Chandra Murmu has formally taken charge as a Deputy Governor of the central bank. The appointment of the accomplished officer comes following a Government of India notification dated September 30, 2025, enlisting his services for a period of three years or until further orders, whichever is earlier.
Notably, Shirish Chandra Murmu is the brother of Girish Chandra Murmu, who served as the Comptroller and Auditor General of India between 2020 and 2024 and was the former Lieutenant Governor of Jammu and Kashmir.
A postgraduate in Life Sciences from Jawaharlal Nehru University (JNU), New Delhi, Shirish Murmu is also a Certified Associate of the Indian Institute of Banking (CAIIB).
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Prior to his latest elevation, Shirish Murmu served as the Executive Director of the RBI where he was responsible for the Department of Supervision and the Secretary’s Department. In his new capacity as Deputy Governor, he will oversee the Department of Communication, Department of Government and Bank Accounts, Department of Regulation, and the Enforcement Department.
Holding over 33 years of service as a central banker, Shirish Murmu took his first steps into the Reserve Bank in 1991 and has since held several important positions across key departments. Over the years, Murmu has been involved in regulation and supervision of financial institutions and the management of IT infrastructure. He has earlier served as Regional Director of the Kolkata Office of the Reserve Bank of India and as Chief General Manager in the Department of Information Technology at the RBI’s Central Office in Mumbai.
Shirish Murmu has also represented the RBI as Nominee Director on the Boards of Bank of India, Dena Bank, and ECGC Limited and chaired several high-level committees within the Reserve Bank, including the Inter-Institutional Committee on Comprehensive Review of Priority Sector Lending Certificates and the Internal Group on Regulation Cluster (Commercial and Co-operative Banking, Non-Banking).
He was an Invitee to the Regulatory Review Authority 2.0, set up in April 2021, and a Member of the Internal Working Group on Ownership Guidelines and Corporate Structure for Indian Private Sector Banks constituted in 2020.
The appointment of Shirish Murmu comes at a time when the RBI is reinforcing its regulatory, enforcement and communication functions to strengthen financial stability.
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