RBI appoints Muneesh Kapur as its executive director. 5 things to know about him

Muneesh Kapur holds a Master’s degree in Economics and is a Certified Associate of the Indian Institute of Bankers (CAIIB).

Published on: Oct 4, 2023, 16:58:00 IST

By HT News Desk

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The Reserve Bank of India on Wednesday appointed Muneesh Kapur as its executive director with effect from October 3. According to a statement released by the central bank, he will look after the Department of Economic and Policy Research.

The Reserve Bank of India on Wednesday appointed Muneesh Kapur as its executive director with effect from October 3 (HT file)

Here are key things to know about the RBI's new executive director.

1. As mentioned above, Kapur will look after the Department of Economic and Policy Research.

2. Muneesh Kapur holds a Master’s degree in Economics and is a Certified Associate of the Indian Institute of Bankers (CAIIB).

3. Prior to being promoted as ED, Kapur was Adviser-in-Charge, Monetary Policy Department and Secretary to the Monetary Policy Committee, the RBI said in its statement.

4. Over a span of nearly three decades in the Reserve Bank, Kapur has worked in the areas of macroeconomic policy and research and monetary policy in Department of Economic Policy and Research and Monetary Policy Department in RBI.

5. Muneesh Kapur also served as Adviser to Executive Director, International Monetary Fund during 2012-15.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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