Skip to content
Free updates Login
SSCBankingNABARD / RBI

Poonam Gupta joins RBI as Deputy Governor

3 May 20251 min read
BANKING & FINANCEPoonam Guptajoins RBI asDeputy Governor3 May 2025safalsetu.com

Why in the news

Economist Poonam Gupta joined the Reserve Bank of India as one of its Deputy Governors.

Key facts

  • She is the fourth woman to hold the post.
  • Predecessor: Michael Patra (tenure over in January 2025).
  • She joins the six-member MPC, which sets interest rates.
  • Both the April and February reviews brought 25 bps repo reductions; the next meeting is in June 2025.

Departments under her

  • Communication, Corporate Strategy and Budget, Statistics and Information Management, International Department.
  • Financial Stability, Economic and Policy Research, Financial Markets Operations, Monetary Policy.

Exam angle

  • MPC strength: six members.
  • Recent policy move: two 25 bps repo cuts.

Test yourself

1. Poonam Gupta, appointed an RBI Deputy Governor, is the how-manyth woman to hold that post?

The notes state she became the fourth woman RBI Deputy Governor.

2. Whom did Poonam Gupta succeed as RBI Deputy Governor?

She succeeded Michael Patra, whose term ended in January 2025.

3. How many members does the Monetary Policy Committee, which Poonam Gupta joined, have?

The notes describe the MPC as a six-member body setting interest rates.

This topic is part of Daily Current Affairs 3 May 2025 (19 topics).

All topics of the dayDay quizMay 2025

Read more