RBI Executive Director Appointment

Why in News

RBI appointed Ravi Shankar as Executive Director from:

1 July 2026

He will oversee:

Department of Statistics and Information Management — DSIM

DSIM Functions

Responsible for:

• Statistical data collection

• Compilation

• Analysis

• Banking statistics

• Corporate statistics

• Surveys

• Monetary and financial analysis data

Important RBI Static Facts

RBI was established in:

1935

Under:

Reserve Bank of India Act, 1934

Main functions include:

• Monetary policy

• Currency management

• Regulation of financial system

Prelims Note

Never confuse:

RBI Act, 1934

with the establishment year:

1935