Shirish Chandra Murmu

Shirish Chandra Murmu
Deputy Governor of the Reserve Bank of India
Incumbent
Assumed office
9 October 2025 (2025-10-09)
Prime MinisterNarendra Modi
GovernorSanjay Malhotra
Preceded byM. Rajeshwar Rao
Executive Director, Reserve Bank of India
In office
1st November 2019 – 8th October 2025
GovernorShaktikanta Das
Sanjay Malhotra
Personal details
Born
Odisha, India
Education
OccupationRBI Officer, Central banker, Economist, Technocrat

Shirish Chandra Murmu is an Indian central banker and economist who serves as a Deputy Governor (DG) of the Reserve Bank of India (RBI). A career central banker with over 33 years of experience, he assumed office on October 9, 2025, for a three-year tenure. Prior to his elevation as Deputy Governor, he served as an executive director of the RBI.

Early life and education

Shri Murmu completed his Master of Science (M.Sc.) in Life Sciences from Jawaharlal Nehru University (JNU). He is also a Certified Associate of Indian Institute of Banking (CAIIB). One of his brother, Girish Chandra Murmu is a retired IAS officer and the former Comptroller and Auditor General of India (CAG).

Career

Murmu joined the Reserve Bank of India (RBI) in 1991 as a Grade B officer (Manager) and has worked across various positions over a career spanning more than three decades. As an executive director, he oversaw the Department of Supervision and the Secretary's Department. His areas of expertise encompass regulation and supervision of regulated entities and the management of IT infrastructure.

Upon taking charge as Deputy Governor, his portfolio includes the Department of Communication, the Department of Government and Bank Accounts, the Department of Regulation, and the Enforcement Department.

Throughout his career, Murmu has held several leadership and senior management positions, including Regional Director of the Kolkata Office and Chief General Manager (CGM) in the Department of Information Technology (IT) at the Central Office, Mumbai. He has also handled core central banking functions such as Banking Regulation and Currency Management. Additionally, he served as an RBI Nominee Director on the boards of the Bank of India, Dena Bank, and ECGC Limited.

He is a Member on the Board of Securities and Exchange Board of India (SEBI), security regulator of India and Financial Services Institutions Bureau (FSIB), which selects MDs & CEOs of Public Sector Banks and other such Financial Institutions.

Committees

Murmu has headed multiple high-level internal committees tasked with reviewing RBI regulations across various sectors:

See also

References

  1. ↑ "Executive Directors (present and former)". Reserve Bank of India. Retrieved 26 October 2026.
  2. 1 2 3 4 5 "Shri Shirish Chandra Murmu takes over as RBI Deputy Governor". Reserve Bank of India. 9 October 2025. Retrieved 26 October 2026.
  3. ↑ "Reserve Bank of India Appoints Shirish Chandra Murmu as Deputy Governor". News On Air. 10 October 2025. Retrieved 26 October 2026.
  4. ↑ "India appoints Shirish Chandra Murmu as RBI deputy, NDTV Profit reports". Reuters. 29 September 2025. Retrieved 26 October 2026.
  5. ↑ "Govt appoints SC Murmu as RBI deputy governor". The Times of India. 29 September 2025. Retrieved 26 October 2026.
  6. ↑ "Shirish Chandra MURMU personal appointments - Find and update company information". Companies House. Retrieved 26 October 2026.
  7. ↑ "Shirish Chandra Murmu - Global SME Finance Forum". Global SME Finance Forum. Retrieved 26 October 2026.