Deepali Pant Joshi

Banknote Expert, ex-Executive Director, Reserve Bank of India


Thursday 22/03/2018 __ 14:25-14:50

Session 5 __ Challenges in a cash society

The Liffey B __ Level 1

Deepali Pant Joshi was elevated to Executive Director of the Reserve Bank of India (RBI) in January 2013, a position in which she has responsibility for the Department of Currency Management and the Legal Department, and is the Appellate Authority under the Right to Information Act.

Deepali joined the Reserve Bank of India as a middle management executive in 1981 and has had a rich and varied professional career. In the 36 years that she has been at the RBI, she has served in offices across India, in senior roles including Regional Director for Rajasthan at the RBI Jaipur, Chief General Manager-in-Charge of the Rural Planning & Credit Department at the Central Office Mumbai, Chief General Manager of the RBI Regional Office in Hyderabad, Ombudsman for the State of Andhra Pradesh and Principal of the Bankers Training College at Mumbai. She also acted as RBI Nominee Director on the Board of the Andhra Bank, of the Institute of Banking Personnel Selection, and of several Regional Rural Banks.

While leading the Department of Currency Management, Deepali played a key role in piloting through the demonetisation and subsequent remonetisation. A central bank economist by training, she holds a doctorate from the University of Allahabad as well as Law and Management degrees, and is also a fellow of the Harvard University Asia Centre.

Profoundly committed to the banking industry and to the domain of currency, Deepali has lectured extensively both in India and abroad. She is the author of five books, most recently on financial inclusion growth and governance and on women’s contribution to India’s resurgence.

Challenges in the Indian cash society

The presentation will discuss the challenges of planning, designing, issuing and withdrawing currency, ensuring its integrity, availability and quality; of making policy decisions on the design of banknotes; and of forecasting demand.