US EditionShirish Chandra Murmu Takes Charge as RBI Deputy Governor
Shirish Chandra Murmu will serve a three-year term as RBI Deputy Governor, succeeding Rajeshwar Rao after his five-year tenure, ensuring leadership continuity at the central bank.
- Shirish Chandra Murmu has been appointed as a Deputy Governor at the Reserve Bank of India, with his tenure commencing on October 9, 2025, and lasting for three years, in New Delhi.
- Murmu succeeds M Rajeshwar Rao, whose extended five-year tenure ends on October 8, 2025, after initially being appointed in September 2020 and extended in 2023 and 2024.
- Currently Executive Director at RBI, Murmu supervises the Department of Supervision and will replace Rao, who manages banking regulation among other portfolios.
- The RBI Act mandates four deputy governors overseeing critical areas like monetary policy and financial regulation, but Murmu's exact portfolio allocation has not yet been officially announced.
- Murmu's appointment marks a leadership transition at RBI, and he is expected to assume one or more key responsibilities once his term begins on or after October 9, 2025.
19 Articles
19 Articles
Shirish Chandra Murmu Takes Charge as RBI Deputy Governor
Shirish Chandra Murmu has been appointed as Deputy Governor of the Reserve Bank of India, succeeding M Rajeshwar Rao. The Appointments Committee of the Cabinet approved Murmu's three-year term starting from October 9. Previously, Murmu served as Executive Director at RBI overseeing the Department of Supervision.
The Siasat Daily
Govt appoints S C Murmu as RBI Deputy Governor
New Delhi: The government has appointed Shirish Chandra Murmu as Deputy Governor of the Reserve Bank of India for a three-year term. The Appointments Committee of the Cabinet has approved his appointment, sources said on Monday. Also ReadRBI projected to cut repo rate by 25 basis points in Q4 2025: HSBC Murmu is currently Executive Director at the Reserve Bank of India (RBI). Get the latest updates in Hyderabad City News, Technology, Entertainme…
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