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Executive Director Shri Radha Shyam Ratho

Executive Director

Shri Radha Shyam Ratho

Date of Appointment: Dec 11, 2020

The Reserve Bank of India has appointed Shri Radha Shyam Ratho as Executive Director (ED) with effect from December 11, 2020.

Prior to being promoted as ED, Shri Radha Shyam Ratho was Chief General Manager, Financial Markets Operations Department.

Shri Ratho has, over a span of about three decades, served in financial markets, external investment and operations, banking and other areas in the Reserve Bank. He has also served as Member of Faculty, Reserve Bank Staff College, Chennai.

As Executive Director, Shri Ratho will look after Financial Markets Operations Department, Financial Markets Regulation Department, and Secretary’s Department.

Shri Ratho holds a Masters of Economics, Masters of Business Administration (MBA) and M.S. in Banking and Finance, besides having earned professional qualifications including Certified Associate of Indian Institute of Banking and Finance (CAIIB).

Contact Information_SHRI RADHA SHYAM RATHO

Contact Information

Reserve Bank Of India
16th Floor, Central Office Building, Shahid Bhagat Singh Road,
Mumbai-400 001.
022-22610689
edrsr@rbi.org.in

Departments under Executive Director Shri Radha Shyam Ratho

Financial Markets Operations Department

Financial Markets Regulation Department

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List of Previous Executive Directors

Dr. Rajiv Ranjan

Tenure :

May 02, 2022 - Sep 04, 2025

The Reserve Bank of India (RBI) has appointed Dr. Rajiv Ranjan as Executive Director (ED) with effect from May 02, 2022.

Prior to being promoted as ED, Dr. Ranjan was serving as Adviser-in-Charge of Monetary Policy Department and Secretary to the Monetary Policy Committee.

Dr. Ranjan has an experience of more than three decades in macroeconomic policy and research including monetary policy, fiscal policy, real sector, external sector and international relations. He has worked in various departments of RBI including Monetary Policy Department, Department of Economic Policy and Research, Department of External Investments and Operations and International Department. He served as Economic Policy Expert in Central Bank of Oman for three years.

As Executive Director, Dr. Ranjan will look after the Monetary Policy Department (MPD).

Dr. Ranjan will also serve as an ex-officio member of the Monetary Policy Committee.

Dr. Ranjan has a Ph.D. in Economics from Mumbai University and holds a Masters degree in Economics from Delhi School of Economics.

Shri Jayant Kumar Dash

Tenure :

Oct 12, 2020 - Jun 30, 2025

The Reserve Bank of India has appointed Shri Jayant Kumar Dash as Executive Director (ED) with effect from October 12, 2020.

Prior to being promoted as ED, Shri Jayant Kumar Dash was Chief General Manager-in-Charge of Department of Supervision, Central Office.

Shri Dash has, over a span of three decades, served in currency and debt management, deposit insurance and banking / non-banking supervision areas in the Reserve Bank.

As Executive Director, Shri Dash will look after Department of Regulation II.

Shri Dash holds a Master’s degree in Economics besides having earned professional qualifications in advance management, treasury management, fraud examination, data analytics, cyber law and tackling financial corruption.

Shri Muneesh Kapur

Tenure :

Oct 03, 2023 - Feb 28, 2025

The Reserve Bank of India (RBI) has appointed Shri Muneesh Kapur as Executive Director (ED) with effect from October 3, 2023.

Prior to being promoted as ED, Shri Kapur was Adviser-in-Charge, Monetary Policy Department and Secretary to the Monetary Policy Committee.

Over a span of nearly three decades in the Reserve Bank, Shri Kapur has worked in the areas of macroeconomic policy and research and monetary policy in Department of Economic and Policy Research and Monetary Policy Department in RBI. He also served as Adviser to Executive Director, International Monetary Fund during 2012-15.

As Executive Director, Shri Kapur will look after the Department of Economic and Policy Research.

Shri Muneesh Kapur holds a Master’s degree in Economics and is a Certified Associate of the Indian Institute of Bankers (CAIIB).

Dr. O.P. Mall

Tenure :

Jun 01, 2020 - Feb 28, 2025

Shri Manoranjan Mishra

Tenure :

Nov 01, 2023 - Sep 30, 2024

The Reserve Bank of India (RBI) has appointed Shri Manoranjan Mishra as Executive Director (ED) with effect from November 01, 2023.

Prior to being promoted as ED, Shri Mishra was serving as Chief General Manager in the Department of Regulation.

Shri Mishra has experience of over three decades in the Reserve Bank having worked in the areas of regulation of banks and NBFCs, supervision of banks and currency management. He has served as a member in several Working Groups at the national and international levels contributing to formulation of regulatory/ supervisory policies.

As Executive Director, Shri Mishra will look after 1. Enforcement Department, 2. Risk Monitoring Department, 3. Department of External Investments & Operations.

Shri Mishra is a post graduate in Economics and MBA (banking and Finance). He also holds a master’s degree in Finance and Financial Regulation from Aston Business School, UK.

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Electrical renovation of Grade “A” flats (6 nos.) at Bank’s Officers Colony, Nayapalli, Bhubaneswar, Odisha

Abu Sayed Sk

Modified 1 Day ago.

Published on September , 17 2025

LISTEN

Electrical renovation of Grade “A” flats (6 nos.) at Bank’s Officers Colony, Nayapalli, Bhubaneswar, Odisha

OPEN

A. Eligibility criteria:

1. E-tenders in two parts are invited for “Electrical renovation of Grade “A” flats (6 nos.) at Bank’s Officers Colony, Nayapalli, Bhubaneswar, Odisha”.

2. The work is estimated to cost ₹19,11,270/- including GST and is to be completed within 90 days.

3. i) Only those firms who have valid GST registration and have minimum 5 years of experience in the field of undertaking Electrical renovation works of office buildings / residential premises / Industrial Sector/Bank’s premises. The similar work should have been undertaken on or before August 31, 2020

And

ii) Have executed successfully similar works individually costing (a) Three works each costing not less than the amount equal to 40% of the estimated cost or (b) Two works each costing not less than the amount equal to 50% of the estimated cost or (c) One work costing not less than the amount equal to 80% of the estimated cost during the last 5 years ending on August 31, 2025.

And

iii) Have a minimum annual turnover of ₹19,11,270/- during the last 3 financial years.

1. The tenderers should furnish, at the time of applying for e-tender, the following information in writing and submit relevant documents to satisfy the Bank about their eligibility for participating in the tendering process.

(a)	Composition of the firm	Full particulars (whether contractor is an individual, or a partnership firm, or a company etc.,) of the composition of the firm of contractors in details should be uploaded along with name(s) and address (es), of the partner's copy of the Articles of Association/ Power of Attorney/other relevant document. copy of Goods and Service Tax registration certificate. Details of registration of labour along with EPF and ESI documents if any.
(b)	Duration of experience	The bidder should submit documentary evidence as proof of minimum 5 years of experience of undertaking similar work/s and shall submit the documentary evidence in support of minimum experience of 5 years *(i.e., the bidder should have undertaken similar work/sprior to August 31, 2020)** * viz. copies of detailed work order/s for qualifying works indicating date of award, contract amount, time given for completing the work, etc. and the corresponding completion certificate(s) indicating actual date of completion and actual value of executed similar work/s issued by the client(s) for works executed for government /public sector companies and copies of work order, work completion certificate along with Tax Deducted at Source (TDS) certificate(s) issued by the client(s) for works executed for private companies. The bidder should submit the details of the works undertaken during last 5 years along with the work orders, work completion certificate.
(c)	Work experience & Completion of similar works of specified value during the specified period	The bidder should have experience of successfully completed similar work/s * individually costing (a) Three works each costing not less than the amount equal to 40% of the estimated cost i.e. ₹7,64,508/- or (b) Two works each costing not less than the amount equal to 50% of the estimated cost i.e. ₹9,55,635/- or (c) One work costing not less than the amount equal to 80% of the estimated cost i.e. ₹15,29,016/- during last 5 years ending on August 31, 2025 and should submit Copies of detailed work order/s for qualifying works indicating date of award, contract amount, time given for completing the work, etc. and the corresponding completion certificate(s) indicating actual date of completion and actual value of executed similar work/s issued by the client(s) for works executed for government /public sector companies and copies of work order, work completion certificate along with Tax Deducted at Source (TDS) certificate(s) issued by the client(s) for works executed for private companies. Client certificate/s for each of the qualifying work as per the Format
(d)	Credit worthiness of the contractor and their turnover during the specified period	Copies of the Income Tax Clearance Certificates/Income Tax Assessment Orders along with the latest final accounts of the business of the contractor duly certified by a Chartered Accountant should be enclosed in proof of creditworthiness and turnover for last three years should be uploaded.
(e)	Name(s) and address(es) of the Bankers and their present contact executives	Written Information about the names and addresses of bankers along with full details such as names, postal addresses, e-mail IDs, telephone (landline and mobile) nos., fax nos., etc. of the contact executives (i.e., the persons who can be contacted at the office of the bankers of the firm, in case it is so needed) should be uploaded.
(f)	Details of bank accounts	Full particulars of bank accounts, such as account no. type, when opened etc., should be uploaded.
(g)	Name(s) and address(es) of the Clients and their present contact executives	Written information about the names and addresses of clients of the firm along with full details, like names, postal addresses, e-mail IDs, telephone (landline and mobile) nos., fax nos. etc., of the contact executives (i.e., the persons who can be contacted at the office of clients by the Bank in case it is so needed) should be uploaded.
(h)	Details of completed works	The client-wise names of work(s), year(s) of execution of work(s), awarded and actual cost(s) of executed work(s), completion time stipulated in the contract(s) and actual time taken to complete the work(s), Name(s) and full contact-details of the officers/authorities/departments under whom the work(s) was/were executed should be uploaded.
(i)	Bankers Certificate	Banker’s certificate of amount equal to estimated cost of the work should be submitted as per annexure-V should be submitted

5. Interested contractors must upload relevant documents satisfying all the points as stated above along with techno-commercial (Part-I) bid of tender. The same Eligibility documents and the scanned copy of EMD should be uploaded with Techno Commercial Bid (Part-I) on the MSTC portal. It is to be noted that the tender process shall be executed on the MSTC portal through e-Tendering.

6. Tender forms will be available for downloading from MSTC portal w.e.f. September 17, 2025 from 18:00 hours. A pre-bid meeting of Contractors who qualify the pre-requisite eligibility criteria of tender conditions will be held offline on September 25, 2025, at 11:00 hours at Estate Department, Reserve Bank of India, Bhubaneswar.

7. Tenders form can be downloaded for viewing from RBI website www.rbi.org.in or www.mstcecommerece.com/eprocn. The Qualification documents and scanned copy of proof of EMD payment should be uploaded with Techno Commercial Bid (Part-I) on the MSTC portal. The Demand Draft/ Bank Guarantee should reach in original in a sealed envelope to Estate Department, Reserve Bank of India, 2nd Floor, Pt. Jawaharlal Nehru Marg, Bhubaneswar 751001 by October 03, 2025 up to 14:00 Hrs. If paid through NEFT, the NEFT receipt should be uploaded along with pre-qualification documents. After scrutiny, if any of the contractors are not found to possess the required eligibility, their tenders will not be accepted by the Bank for further processing. Further, the contractor should submit the original of the documents to the Bank when demanded to qualify for further tendering process. The duly filled and stamped part-I of tender document should be uploaded by the contractors on MSTC portal along with all the pre-qualification documents.

Interested contractors can participate in e–Tender after getting registered with www.mstcecommerece.com/eprocn. Online Part I – Techno-Commercial Bid and Part II–Price Bid shall be opened through www.mstcecommerece.com/eprocn and applicable transaction charges must be paid by the firm.

8. Tender in prescribed format shall be submitted in two parts. Part-I of tender will contain the Bank's standard technical and commercial conditions for the proposed work, the EMD should be submitted through NEFT transfer to A/C No-186003001, Reserve Bank of India, IFSC Code- RBIS0BBPA01, Branch Name – Bhubaneswar, Branch Address – Reserve Bank of India, 2nd Floor, Pt. Jawaharlal Nehru Marg, Bhubaneswar 751001 Or by a demand draft/an irrevocable Bank Guarantee issued by a Scheduled Bank in favor of ‘Reserve Bank of India, Bhubaneswar’. The documents pertaining to EMD should be scanned and uploaded with the pre-Qualification documents. Part-II of the tender will contain no conditions but Contractor’s Price Bid only.

9. Part-I and Part-II of the tenders will be submitted by the Contractors in MSTC portal. The same will be opened by RBI on October 03, 2025 at 14:30 Hrs. Those contractors who would like to depute their representatives, may depute their representatives to Estate Department, Reserve Bank of India, 2nd Floor, Pt. Jawaharlal Nehru Marg, Bhubaneswar 751001 for the same. Part II of the tender will be opened later. Due intimations will be given for the same.

10. The contractors must submit

a. Client’s certificate as per format at Annex IV from their clients for whom they have carried out "eligible works" in terms of the eligibility (Pre-qualification) criteria explained in this notice. The Bank shall obtain reports on the past performance of the Contractor from their clients and bankers. The Bank shall evaluate the said reports before opening of the Part-II of the tenders. If any contractor is not found to possess the required eligibility for participating in the tendering process at any point of time and / or his performance reports received from his clients and / or his bankers and found unsatisfactory, the Bank reserves the right to reject his offer even after opening of Part-I of the tender. The Bank is not bound to assign any reason for doing so.

b. Banker's certificate as per format at Annex V from their banker/bankers.

11. The Bank is not bound to accept the lowest tender and reserves the right to accept either in full or in part any tender. The Bank also reserves the right to reject all the tenders without assigning any reason there for.

12. Regional Director/Officer-in-Charge, Reserve Bank of India, Bhubaneswar, reserves the right to accept or reject any or all Bids without assigning any reasons and reserves the right to relax any of the terms and conditions. No Contractor shall have any cause of action or claim against the RBI for rejection of his Bid.

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