In a major administrative move, the Reserve Bank of India (RBI) has officially relocated its Andhra Pradesh regional office to Vijayawada. The new office was inaugurated on June 16, 2025, by Deputy Governor T. Rabi Sankar, marking a significant step in enhancing the central bank’s operational effectiveness and outreach in the state.
Why in News?
The RBI’s decision to shift its Andhra Pradesh regional office to Vijayawada from the earlier location reflects an effort to streamline regional financial operations and boost accessibility in the heart of Andhra Pradesh. The move is also in alignment with the region’s growing economic importance.
Key Highlights
- New Location: Stalin Central, MG Road, Governorpet, Vijayawada, Andhra Pradesh.
- Inauguration: Conducted by RBI Deputy Governor T. Rabi Sankar on June 16, 2025.
- Head of Regional Office: Attah Omar Basheer, Regional Director.
Departments at Vijayawada Office
The following key departments will operate from the new Vijayawada office
- Integrated Banking Department (IBD)
- Financial Inclusion and Development Department (FIDD)
- Foreign Exchange Department (FED)
- Department of Supervision (DoS)
- Human Resource Management Department (HRMD)
- Centralised Establishment Section (CES)
- Rajbhasha Cell
- Audit Budget and Control Cell (ABCC)
- Department of Information Technology Cell (DIT)
- Protocol & Security Establishment (P&SE)
Currency Management
- Although the regional office has been moved to Vijayawada, currency management for Andhra Pradesh will continue to be handled by the RBI’s Hyderabad office.
Summary/Static | Details |
Why in the news? | RBI relocates Andhra Pradesh Regional Office |
New Location | Vijayawada, Andhra Pradesh |
Inaugurated By | RBI Deputy Governor T. Rabi Sankar |
Regional Director | Attah Omar Basheer |
Main Departments | IBD, FIDD, FED, DoS, HRMD, CES, ABCC, DIT, P&SE, Rajbhasha Cell |
Currency Management | Remains with RBI’s Hyderabad office |