Overview

• Poonam Gupta has been officially appointed as the Deputy Governor of the Reserve Bank of India for a three-year term, succeeding Michael Patra.
• The Appointments Committee of the Cabinet approved her selection, emphasizing her extensive background in global economics and policy advisory roles.
• Gupta previously served as Director General of the National Council of Applied Economic Research and held senior roles at the IMF and World Bank.
• Her appointment comes just days before the Reserve Bank of India's Monetary Policy Committee meeting scheduled for April 7-9, 2025.
• Gupta's academic credentials include a PhD in Economics from the University of Maryland, and she has contributed significantly to India's G20 Presidency and other advisory councils.