Leadership Boost for RBI’s Strategic Divisions
Dr. Ajit Ratnakar Joshi Named Executive Director at RBI: On March 3, 2025, the Reserve Bank of India (RBI) appointed Dr. Ajit Ratnakar Joshi as its new Executive Director, assigning him to lead the Department of Statistics and Information Management (DSIM) and the Financial Stability Department. These departments are essential for maintaining the integrity of India’s financial system and supporting macro-policy formulation, making this a crucial addition to RBI’s executive team.
A Blend of Experience in Data, Technology, and Policy
With over three decades of expertise in banking technology, statistical systems, and cyber risk, Dr. Joshi is well-positioned for this dual leadership role. Prior to this, he served as the Principal Adviser in DSIM, where he played a pivotal role in data governance and analytics. His involvement in key committees on economic data and banking reform reflects his broad policy influence. He has also been a faculty member at IDRBT (Institute for Development and Research in Banking Technology), contributing to the academic training of banking professionals.
Academic Achievements and Professional Expertise
Dr. Joshi earned his Master’s in Statistics from Nagpur University and completed his Ph.D. in Monetary Economics at IIT Madras. Additionally, he holds a Diploma in Development Policy and Planning from the Institute of Economic Growth, Delhi, and is a Certified Associate of the Indian Institute of Bankers (CAIIB). His academic credentials, combined with hands-on experience in financial regulation, make him a strong asset to RBI’s leadership cadre.
STATIC GK SNAPSHOT
Dr. Ajit Ratnakar Joshi Named Executive Director at RBI:
| Topic | Details |
| Name | Dr. Ajit Ratnakar Joshi |
| Position Appointed | Executive Director, Reserve Bank of India |
| Appointment Date | March 3, 2025 |
| Departments Headed | DSIM and Financial Stability Department |
| Past Role | Principal Adviser, DSIM |
| Educational Qualifications | M.Sc. (Statistics) – Nagpur University, Ph.D. (Economics) – IIT Madras |
| Other Certifications | CAIIB, Diploma in Development Policy (IEG Delhi) |
| Teaching Background | Former faculty, IDRBT, Hyderabad |
| Expertise Areas | Banking technology, monetary economics, statistics, cyber risk management |
