The Reserve Bank of India (RBI) has appointed Shri Sudhakar Malli as Executive Director (ED) with effect from October 1, 2026.
Prior to his promotion as ED, Shri Sudhakar was serving as Chief General Manager-in-Charge of the Department of Supervision in the Reserve Bank.
Shri Sudhakar is a career central banker with around three decades of experience. He has extensive experience in the supervision of banks, non-banking financial companies and co-operative banks, spanning over two and a half decades.
He also has around five years of supervisory experience in overseas jurisdictions. He has also worked in the area of Currency Management.
As Executive Director, Shri Sudhakar will look after the Department of Supervision (Supervisory Assessment). Shri Sudhakar holds a B.Tech degree in Mechanical Engineering and is a Certified Associate of the Indian Institute of Bankers (CAIIB).
How many departments RBI has?
According to the RBI’s current central-office organisation/contact listing, RBI has 29 main departments/units listed at the central level.
RBI Central Departments
- Consumer Education and Protection Department
- Corporate Strategy and Budget Department
- Department of Communication
- Department of Currency Management
- Department of Economic and Policy Research
- Department of External Investments and Operations
- Department of Government and Bank Accounts
- Department of Information Technology
- Department of Payment and Settlement Systems
- Department of Regulation
- Department of Statistics and Information Management
- Department of Supervision
- Enforcement Department
- Financial Inclusion and Development Department
- Financial Markets Operations Department
- Financial Markets Regulation Department
- Financial Stability Department
- FinTech Department
- Foreign Exchange Department
- Human Resource Management Department
- Inspection Department
- Internal Debt Management Department
- International Department
- Legal Department
- Monetary Policy Department
- Premises Department
- Rajbhasha Department
- Risk Monitoring Department
- Secretary’s Department
This is the Central Office departmental structure. RBI’s regional offices have additional departments/cells such as Issue Department, Banking Department, Cash Department, Ombudsman offices, etc., so the number becomes much larger if regional-office units are included.
