RBI Appoints Monisha Chakraborty as Executive Director

14 August 2026National

The Reserve Bank of India (RBI) appointed Monisha Chakraborty as Executive Director (ED) with effect from 3 August 2026. A career central banker with over three decades at the RBI, she was earlier Chief General Manager-in-Charge of the Department of Supervision. As ED she will oversee the Foreign Exchange Department and the Financial Markets Regulation Department. (Separately, Ravi Shankar became ED from 1 July 2026.)

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RBI established 1 April 1935 (RBI Act, 1934); nationalised 1949; HQ Mumbai | Governor (2026): Sanjay Malhotra | RBI is India's monetary authority & banker to government

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Monisha Chakraborty was appointed RBI Executive Director (w.e.f. 3 Aug 2026), overseeing the Foreign Exchange and Financial Markets Regulation departments.

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