Indranil Bhattacharyya new RBI Executive Director

The Reserve Bank of India (RBI) has appointed Indranil Bhattacharyya as Executive Director (ED) to look after the Department of Economic and Policy Research, a statement said on Thursday.

The central bank said the appointment is effective from March 19.

Bhattacharyya, prior to his promotion as ED, was serving as Adviser in the Monetary Policy Department of the RBI. He has worked in the areas of monetary policy, fiscal policy, banking, and international economic relations in the Monetary Policy Department, Department of Economic and Policy Research and the International Department of the RBI over a span of around 30 years.

Having also served as an economic expert in the technical office of the Governor at Qatar Central Bank, Doha, Qatar for 5 years (2009-14), Bhattacharyya has a postgraduate degree in economics from Jawaharlal Nehru University, New Delhi. His research interests are primarily in monetary theory and policy, financial markets, market microstructure and fiscal policy, the RBI said.