The Appointment Committee of the Cabinet (ACC) has approved the appointment of Shirish Chandra Murmu, Executive Director, Reserve Bank of India (RBI) to the post of Deputy Governor, RBI for a period of three years.
He will be taking over the new role on October 9, 2025.
Mr. Murmu, a career central banker, will replace Deputy Governor M. Rajeshwar Rao who is scheduled to retire on October 8, 2025.
The RBI has four Deputy Governors who include M. Rajeshwar Rao, T. Rabi Shankar, Swaminathan J. and Poonam Gupta.
