By Admin 
Scmurmu appointed rbi deputy governor: Shirish Chandra Murmu has been appointed as Deputy Governor of Reserve Bank of India (RBI). His appointment will be effective from October 9, 2025 and according to media reports, it will be a three -year term. At this time S.C. Murmu is offering his services as executive directors in RBI, where he has contributed significantly to the bank’s monetary and financial policies as well as important areas such as foreign exchange management, banking regulation and financial stability.
SC became new deputy governor Murmu
After his appointment, his role on RBI’s monetary policy and banking regulatory decisions will become even more important. According to experts, Shirish Chandra Murmu’s technical expertise and experience in the banking sector will help the Reserve Bank of India to maintain monetary and financial stability. With this appointment, new energy and strategic views are expected to come in the team of RBI Deputy Governor.
Expect strength in banking system
His responsibilities as Deputy Governor of RBI will include the bank’s monetary policy, regulation of financial markets, foreign exchange management and banking sector monitoring. This appointment is expected to strengthen the Indian banking and financial system. Murmu will replace M. Rajeshwar Rao, who is currently the deputy governor of banking regulation and other portfolio in-charge. Rao’s term is being completed on 8 October.
RBI has four deputy governors, who have responsibilities of monetary policy, financial market regulation, banking supervision and regulation. According to the central bank’s website, Murmu, as Executive Director in RBI, has oversee the functioning of high -level administrative and regulations policies.
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