People, Positions and Obituaries · 3 July 2026

Ravi Shankar Appointed Executive Director of Reserve Bank of India (RBI)

Exam-focused facts from the 3 July 2026 current affairs briefing.

Key facts

  • Ravi Shankar has been appointed as the Executive Director (ED) of the Reserve Bank of India (RBI) with immediate effect.
  • Shankar will be responsible for overseeing the Department of Statistics and Information Management.
  • Prior to his promotion as ED, Shankar served as the Adviser-in-Charge of the RBI.
  • Gunveer Singh was elevated as ED of the RBI on May 18, 2026, and is in charge of the Department of Payment and Settlement Systems.
  • Shankar holds a Master's degree in Statistics from Banaras Hindu University and a Diploma in Development Policy and Planning from the Institute of Economic Growth, Delhi.