Current Affairs - Awards and Honours - Discussion

Monisha Chakraborty was appointed as the Executive Director (ED) of the Reserve Bank of India (RBI), effective August 3, 2026. Before her promotion, she served as Chief General Manager-in-charge in the Department of Supervision. In her new role, she will oversee the Foreign Exchange Department and the Financial Markets Regulation Department, two important areas of the central bank’s operations. Chakraborty has more than three decades of experience at the RBI, with professional expertise in supervision, foreign exchange, and government and bank accounts. The RBI was established on April 1, 1935, and was nationalised on January 1, 1949.