Awards AppointmentsThursday, 21 May 2026·The Hindu
Gunveer Singh appointed RBI Executive Director; will oversee Payment and Settlement Systems
RBI appointed Gunveer Singh as Executive Director on 18 May 2026 and assigned him the Payment and Settlement Systems department.
Key highlights
Direct fact
On 18 May 2026, the Reserve Bank of India appointed Gunveer Singh as Executive Director, elevating him from Chief General Manager-in-Charge and assigning him the Department of Payment and Settlement Systems.
Key specifics
- Gunveer Singh was elevated from Chief General Manager-in-Charge to Executive Director.
- He will oversee India’s payment infrastructure and settlement ecosystem.
- RBI also empanelled Monisha Chakraborty, Suman Ray, Sudhakar Malli and Ravi Shanker for future Executive Director vacancies.
- RBI was established on 1 April 1935 under the Reserve Bank of India Act, 1934.
- The Department of Payment and Settlement Systems is central to UPI, IMPS and other retail payment systems.
Exam lens
Question type: appointment and institution-based current affairs, RBI ED post, payment systems department, and empanelled officers are likely TNPSC one-liners.