Archive · 13 Aug 2025
RBI's MPC Likely To Get New Member: Indranil Bhattacharyya To Join
The Reserve Bank of India (RBI), which helps manage the country's money, is getting a new person on its team that makes important decisions.
Indranil Bhattacharyya is expected to take the place of Rajiv Ranjan on the Monetary Policy Committee (MPC).
Rajiv Ranjan will then lead a different department focused on research about the economy.
Bhattacharyya became an Executive Director at the RBI in March 2025.
The news comes from reports in the Economic Times and ET Now, which cited inside information.
Indranil Bhattacharyya is likely to replace Rajiv Ranjan on the RBI's MPC.
Rajiv Ranjan will reportedly lead the Department of Economic & Policy Research.
Bhattacharyya was appointed as an Executive Director of the RBI in March 2025.
The Economic Times reported the news, citing sources.
The news concerns a change in the membership of the Monetary Policy Committee.
- Who
- Indranil Bhattacharyya, Rajiv Ranjan
- What
- Indranil Bhattacharyya is likely replacing Rajiv Ranjan on the RBI's MPC.
- When
- Unspecified, but reported in news.
- Where
- Reserve Bank of India (RBI)
- Why
- Change in personnel for the RBI's MPC and Department of Economic & Policy Research.
- Committee
- Monetary Policy Committee (MPC)
- Replacing
- Rajiv Ranjan
- New Member
- Indranil Bhattacharyya
- Bhattacharyya's appointment date
- March 19, 2025
- Source
- Economic Times
- Ranjan's new role
- Head of Department of Economic & Policy Research