Shri R. Gandhi, assumed charge as Executive Director of the Reserve Bank of India today. As Executive Director, Shri Gandhi will look after Department of Banking Operations and Development, Department of Administration and Personnel Management (including Rajbhasha), Human Resources Development Department and Department of Information Technology.

Prior to his appointment as Executive Director, Shri Gandhi was in charge of Department of Currency Management. Joining the Reserve Bank of India in 1980, Shri Gandhi has been in charge of the Reserve Bank's Hyderabad and Delhi offices and the Department of Information Technology. He also held charge of the Institute for Development and Research in Banking Technology (IDRBT) as the Director for a brief period.

Shri Gandhi possesses a Masters Degree in Economics, is a certified member of the Indian Institute of Banking and Finance (IIBF), post graduate certificates in MIS, System Programming and Capital Markets.

Shri C. Krishnan retired as Executive Director from the Reserve Bank on February 28, 2011.

Shri S. Karuppasamy, assumed charge as Executive Director of the Reserve Bank of India today. As Executive Director, Shri Karuppasamy will look after Department of Expenditure and Budgetary Control, Department of Information Technology, Legal Department and Urban Banks Department.

Shri Karuppasamy was Regional Director of the Reserve Bank’s Kolkata office prior to taking charge as Executive Director. Shri Karuppasamy has also headed two Central Office departments, namely, Department of Banking Supervision and Urban Banks Department.

Joining the Reserve Bank of India in 1975, Shri Karuppasamy has worked in various departments in different capacities. These include, Issue Department, Department of Economic Analysis and Policy, Banking Department, Agricultural Credit Department, Rural Planning and Credit Department, Department of Banking Operations and Development and Urban Banks Department. He has also worked in various regional offices of the Reserve Bank. He has been a Member Faculty in College of Agricultural Banking, Pune and has also been the Principal of the Reserve Bank’s Staff Training College, Chennai.

Shri Karuppasamy has also been associated with working groups in certain areas, such as, High Power Committee on Urban Cooperative Banks, Rating Framework for Urban Cooperative Banks, Cross Border Supervision and Integrated System of Alert.

Shri Karuppasamy is a post graduate in Economics, is a Certified Associate of Indian Institute of Bankers, has a Post Graduate Diploma in Bank Management (NIBM) and is a Pragya.

As Regional Director, Shri Karuppasamy was an RBI Nominee Director on the Board of Indian Bank.