New Deputy Governor of RBI

• Poonam Gupta has been appointed as the new Deputy Governor of RBI by the government.

• She is the first woman Deputy Governor of RBI in 14 years. She took over as RBI Deputy Governor on 1 April 2025 for three years.

• The post was vacant after Michael Patra stepped down in January 2025. She will be appointed to this post.

• Gupta is currently the Director General of the National Council of Applied Economic Research (NCAER).

• She is also on the Prime Minister's Economic Advisory Council.

• She is the convenor of the Advisory Council of the 16th Finance Commission.