Archive · 23 Aug 2025
Indranil Bhattacharyya Appointed to Monetary Policy Committee
The RBI has a group called the MPC that makes decisions about money and interest rates in India.
Indranil Bhattacharyya has been appointed to this group.
The decision was made at a meeting in Lucknow.
He's taking over from Rajiv Ranjan, who was on the MPC since 2022.
Indranil Bhattacharyya has been nominated as an ex-officio member of the Monetary Policy Committee (MPC).
The Central Board of Directors of the RBI approved the nomination.
The decision was made at the 618th meeting of the Central Board of Directors.
The meeting was held in Lucknow under the Chairmanship of Governor Sanjay Malhotra.
Bhattacharyya replaces Rajiv Ranjan, who was an RBI representative on the MPC since May 2022.
- Who
- Indranil Bhattacharyya, the Central Board of Directors of the RBI, and Governor Sanjay Malhotra.
- What
- Nomination of Indranil Bhattacharyya as an ex-officio member of the Monetary Policy Committee.
- When
- The decision was made on Friday.
- Where
- Lucknow, India.
- Why
- To fill the ex-officio member position on the Monetary Policy Committee.
- New MPC Member
- Indranil Bhattacharyya
- Previous MPC Member
- Rajiv Ranjan
- Meeting Number
- 618
- Meeting Location
- Lucknow
- Meeting Chairman
- Governor Sanjay Malhotra
Sources
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