As Deputy Governor, Dr. Gupta is looking after Monetary Policy Department, Financial Markets Operations Department, Department of Economic and Policy Research, Financial Stability Department, among others.

Immediately prior to joining the Reserve Bank, Dr. Gupta was the Director General of the National Council of Applied Economic Research (NCAER), India’s largest Economic Policy think tank. She has also served as member of the Economic Advisory Council to the Prime Minister (2021-25) and as Convener of the Advisory Council to the 16th Finance Commission.

Dr. Gupta has worked at senior positions for nearly two decades at the International Monetary Fund (IMF) and World Bank. Dr. Gupta has also taught at the Delhi School of Economics, University of Maryland (USA) and as a visiting faculty at the Indian Statistical Institute (ISI), Delhi. She has been the RBI Chair Professor at the National Institute of Public Finance and Policy (NIPFP) and a Professor at the Indian Council for Research on International Economic Relations (ICRIER).

Dr. Gupta has numerous research papers published on issues related to Economic Growth, International Financial Architecture, Central Banking, Macro Economic Stability, Public Debt, and State Finances, and an edited book “Emerging Giants: China and India in the World Economy” to her credit.

Dr. Gupta holds a Master’s degree and PhD in Economics from University of Maryland, USA, and a Master’s degree in Economics from Delhi School of Economics, University of Delhi.