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The Centre has approved the appointment of Dr. Poonam Gupta, Director General at the NCAER, as the Deputy Governor of the Reserve Bank of India
RBI Deputy Governor Poonam Gupta
The Centre has approved the appointment of Poonam Gupta, Director General at the National Council of Applied Economic Research (NCAER), as the Deputy Governor of the Reserve Bank of India (RBI) for a three-year term, ahead of the crucial Monetary Policy Committee (MPC) meeting scheduled for April 7-9, 2025. She will replace Michael Patra in the role.
Extensive Experience in Policy & Research
Gupta brings a wealth of operational and policy experience across multiple regions, including China and India. Her research has been published in leading academic and policy journals, such as the Journal of Finance, Journal of International Economics, IMF Staff Papers, and various World Bank reports, including Global Economic Prospects, Africa’s Pulse, and the East Asia and Pacific Update.
Key Roles & Contributions
Prior to her appointment, Gupta served as the Director General at NCAER, India’s largest economic policy think tank. She is also a member of the Economic Advisory Council to the Prime Minister and the Convener of the Advisory Council to the 16th Finance Commission.
With nearly two decades of experience in senior positions at the IMF and World Bank in Washington, D.C., Gupta has also held teaching roles at the Delhi School of Economics, the University of Maryland (USA), and ISI Delhi. Additionally, she has been the RBI Chair Professor at NIPFP and a Professor at ICRIER.
At NCAER, she has led research in areas such as Economic Growth, International Financial Architecture, Central Banking, Macroeconomic Stability, Public Debt, and State Finances.
Educational Background
- Ph.D. in Economics – University of Maryland, College Park (1998)
- Specialization: Macroeconomics, International Finance, and International Trade
- M.A. in Economics – University of Maryland, College Park (1995)
- M.A. in Economics – Delhi School of Economics (1991)
- B.A. in Economics – Hindu College, Delhi University (1989)
