Shirish Chandra Murmu RBI Deputy Governor 2025: Shirish Chandra Murmu has become the new deputy governor of RBI. Know about his career, experience, contribution to banking. What will be their responsibilities in RBI and how long they will hold this position.
Shirish chandra murmu rbi: Leadership changes are going to happen in the Reserve Bank of India (RBI). The government has appointed Shirish Chandra Murmu as the new deputy governor. His term will start from 9 October 2025 and will last for three years. They will replace Rajeshwar Rao, whose term ends on 8 October. Rao has been handling important portfolio of banking rules and policies during his tenure. Know who RBI’s new deputy governor Shirish Chandra Murmu is about his career, achievements.
Who is Shirish Chandra Murmu? Achievements
Shirish Chandra Murmu is currently working as Executive Director in RBI. He is known for deep understanding in banking operations and policy making. His experience in RBI has given him a strong hold in financial regulation, monetary management and institutional surveillance. Experts believe that their experience will help him handle any portfolio assigned to him as deputy governor.
Shirish Chandra Murmu’s role as Deputy Governor of RBI
The RBI has a total of four deputy governors, who handle the responsibilities of different areas, such as-
- Monetary Policy
- Financial Market Regulation
- Banking Regulation & Supervision
- Other operations and policy portfolio
Although it is not yet clear which area Murmu will take responsibility, but based on his previous role and experience, it is expected that he may be assigned financial and operational responsibilities.
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The current work and experience of Shirish Chandra Murmu
Shirish Chandra Murmu has made active contribution to senior monitoring and regulatory responsibilities as Executive Director. According to the official website of RBI, his work is involved in-
- Contribution to governance and administrative matters
- Coordination between departments
- Regulatory compliance
- Internal administration
His appointment is being considered as his great contribution to RBI so far. Now as deputy governors, they will play an important role in bank policies and operations. The deputy governor’s work is important in ensuring RBI’s monetary stability and financial stability. The appointment of Shirish Chandra Murmu will keep the leadership stability in the central bank and increase the efficiency in the implementation of financial policies.
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