The Reserve Bank of India (RBI) has named Indranil Bhattacharyya as its new Executive Director (ED). In his new capacity, Bhattacharyya will head the Department of Economic and Policy Research (DEPR), the central bank announced.

Prior to this appointment, he served as an Adviser in the Monetary Policy Department and has amassed nearly 30 years of experience in key areas such as monetary and fiscal policy, banking, and international economic relations. Over the years, he has worked across multiple departments within the RBI, including DEPR, the International Department, and Monetary Policy.

Bhattacharyya also brings global expertise, having worked as an Economic Expert at Qatar Central Bank’s Technical Office of the Governor between 2009 and 2014.

An alumnus of Jawaharlal Nehru University (JNU), New Delhi, with a postgraduate degree in Economics, Bhattacharyya’s leadership at DEPR is expected to strengthen the RBI’s research capabilities, aiding in policy formulation and ensuring financial stability.