RBI appoints Monisha Chakraborty as Executive Director to oversee Forex, Financial Markets Regulation
New Delhi, August 3
The Reserve Bank of India on Monday appointed Monisha Chakraborty as Executive Director, with effect from August 3, 2026.
According to a statement issued by the central bank, prior to her elevation, Chakraborty was serving as Chief General Manager-in-Charge in the Department of Supervision.
A career central banker, Chakraborty has over three decades of experience in the Reserve Bank of India. During her tenure, she has worked across key functional areas, including Supervision, Foreign Exchange, and Government and Bank Accounts, giving her extensive exposure to the central bank's regulatory and operational functions.
The RBI said Chakraborty was also associated with a technical committee constituted to review the format of the Reserve Bank's Balance Sheet and Profit and Loss Account.
In addition, she has served as Banking Ombudsman, handling matters related to banking customer grievance redressal.
Following her appointment as Executive Director, Chakraborty will be responsible for overseeing the Foreign Exchange Department and the Financial Markets Regulation Department, two important departments that play a key role in managing the country's foreign exchange framework and regulating financial market activities.
The appointment comes into effect immediately from August 3, 2026, as per the RBI statement.
On the academic front, Monisha Chakraborty holds a degree in Economics and a Master's degree in Business Economics, both from Delhi University.
— ANI
Reader Comments
Three decades in RBI and now handling forex and financial markets—impressive credentials. With the rupee under pressure and global markets volatile, her experience in supervision will be crucial. Hopefully, she brings more transparency to forex regulations.
Solid appointment. The fact that she has worked across supervision, government accounts, and as Ombudsman gives her a 360-degree view of the system. Just hope the Financial Markets Regulation Department gets more teeth to curb speculative trading. 🤔
Congratulations to Monisha Chakraborty! It's inspiring to see women breaking the glass ceiling in central banking. Her Economics and Business Economics background from DU is top-notch. Wishing her success in steering forex policies during these uncertain global times.
A well-deserved promotion for a seasoned professional. Her stint as Banking Ombudsman shows she understands the pain points of common customers too. With forex markets getting complex, need someone who can keep regulations robust yet business-friendly. All the best!
Impressive resume. The RBI is clearly promoting from within which shows institutional strength. Overseeing forex and financial markets regulation is no small task—especially with the ongoing global uncertainties and crypto-related challenges. Hope she brings fresh perspective to the table.
M Meera T Three decades in We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.