RBI appoints Shri Muneesh Kapur as new Executive Director

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Summary:

The Reserve Bank of India (RBI) has appointed Shri Muneesh Kapur as Executive Director (ED) with effect from October 3, 2023. With nearly three decades of experience in the RBI, Shri Kapur has worked in macroeconomic policy, research, and monetary policy. He has held various positions, including Adviser-in-Charge, Monetary Policy Department, and Secretary to the Monetary Policy Committee. As ED, Shri Kapur will oversee the Department of Economic and Policy Research.