Categories: Business News

Who Is Shirish Chandra Murmu? RBI’ New Appointed RBI Deputy Governor From October 2025 Deputy Governor from October 2025

Shirish Chandra Murmu will become the new deputy governor of the Reserve Bank of India starting October 9, 2025, replacing Rajeshwar Rao and serving a three-year term in a key regulatory role.

Published by Aishwarya Samant
Published: September 29, 2025 13:04:31 IST

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RBI Deputy Governor: Big news from the Reserve Bank of India!

Shirish Chandra Murmu has now been appointed as the new deputy governor, starting his service office from October 9, 2025, for a three-year term.

Right now, Murmu is an executive director at the RBI, and he’s stepping into some big shoes, he’ll be replacing Rajeshwar Rao, whose term ends on October 8.

Rao has been handling important areas like banking regulation, so Murmu has quite the challenge ahead! The RBI has four deputy governors overseeing key departments like monetary policy and financial regulation. Curious to see which portfolio Murmu will take on? Stay tuned his specific role will be announced soon!

RBI Deputy Governors and Murmu’s Upcoming Role

The Reserve Bank of India (RBI) has four deputy governors managing key departments.
Their portfolios usually cover monetary policy, financial market regulation, banking supervision, and other regulatory functions.
Deputy governors ensure the smooth functioning and stability of India’s financial system through oversight and policy implementation.
Shirish Chandra Murmu has been appointed as the new deputy governor, effective October 9, 2025.
Murmu’s specific portfolio within the RBI has not yet been announced.
Further updates on his role are expected soon.

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Aishwarya Samant

Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.

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Published by Aishwarya Samant
Published: September 29, 2025 13:04:31 IST

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