The RBI has released portfolio distribution among the deputy governors. The overall direction of the RBI lies with the 21-member central board of directors, composed of: the governor; four deputy governors; two finance ministry representatives (usually the Economic Affairs Secretary and the Financial Services Secretary); ten government-nominated directors; and four directors who represent local boards for Mumbai, Kolkata, Chennai, and Delhi. Each of these local boards consists of five members who represent regional interests and the interests of co-operative and indigenous banks.
Effective 15th January 2025, the distribution of portfolios among the Deputy Governors will be the following:
| Name | Departments |
| Shri M. Rajeshwar Rao | 1. Co-ordination 2. Department of Communication 3. Department of Economic and Policy Research 4. Department of Regulation 5. Department of Statistics and Information Management 6. Enforcement Department 7. International Department 8. Legal Department 9. Monetary Policy Department 10. Risk Monitoring Department 11. Secretary’s Department |
| Shri T Rabi Sankar | 1. Central Security Cell 2. Department of Currency Management 3. Department of External Investments & Operations 4. Department of Government and Bank Accounts 5. Department of Information Technology 6. Department of Payment and Settlement Systems 7. Fintech Department 8. Financial Markets Operations Department 9. Financial Markets Regulation Department 10. Foreign Exchange Department 11. Human Resource Management Department 12. Internal Debt Management Department 13. Right to Information (RIA) Division |
| Shri Swaminathan Janakiraman | 1. Consumer Education and Protection Department 2. Corporate Strategy and Budget Department 3. Department of Supervision 4. Deposit Insurance and Credit Guarantee Corporation 5. Financial Inclusion and Development Department 6. Financial Stability Department 7. Inspection Department 8. Premises Department 9. Rajbhasha Department |
