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  • Program participants with speakers at CAFRAL virtual conference of Chief Risk Officers and Heads of Risk Management Department

  • Dr. Ajit Ranade, Chief Economist, Aditya Birla Group, at CAFRAL and World Bank Conference on "State Intervention in the Finanical Sector" 5th South Asia Economic Network Conference

  • Dr. Hans Timmer, South Asia Chief Economist, World Bank, at CAFRAL and World Bank Conference on "State Intervention in the Finanical Sector" 5th South Asia Econimic Network Conference

  • L:R-Anand Sinha, Prachi Mishra, Tamal Bandyopadhyay, Arundhati Bhattacharya, Alfonso Garcia Mora and Sajjid Chinoy,at CAFRAL and World Bank Conference

  • Program participants with speakers at CAFRAL Advanced Leadership Program (CALP), Georgetown University, USA (Overseas leg)

About Cafral


The Centre for Advanced Financial Research and Learning (CAFRAL) is an independent body set up by the Reserve Bank of India (RBI) in the backdrop of India’s evolving role in the global economy, in the financial services sector and its position in various international fora. CAFRAL seeks to develop into a world class global institution for research and learning in banking and finance.

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Governing Council

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Shri. Shaktikanta Das (Chairman)
Governor, Reserve Bank of India
Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th Governor of the Reserve Bank of India..
Shri. M. K. Jain
Deputy Governor, Reserve Bank of India
Shri Mahesh Kumar Jain took over as the Deputy Governor of the Reserve Bank of India (RBI) on June 22, 2018. Presently in RBI, his responsibilities include oversight of Supervision, and inclusion Cluster, Consumer...
Dr. Michael Debabrata Patra
Deputy Governor, Reserve Bank of India
Dr. Michael Debabrata Patra, a career central banker since 1985, has worked in various positions in the Reserve Bank of India. He has served as the Executive Director of the Bank. He is a member of the Monetary Policy...
Shri. T V Mohandas Pai
Chaiman of the Board, Manipal Global Education Services Pvt. Ltd.
Mohandas Pai is the Chairman of the Board of Manipal Global Education Services Private Limited and Advisor to the Manipal Education and Medical Group. He is also on the Board of Ascendas Property Fund Trustee Pte Ltd...
Dr. Prachi Mishra
Managing Director in Global Macro Research and India Chief Economist for Goldman Sachs,
Prachi Mishra is Managing Director in Global Macro Research and the India Chief Economist for Goldman Sachs. Prior to joining the firm, Prachi worked...
Dr. Abhiman Das
Professor of Economics, Indian Institute of Management Ahmedabad (IIMA)
Dr. Abhiman Das is Professor of Economics at the Indian Institute of Management Ahmedabad (IIMA). He has been holding the RBI Chair in Finance and Economics...
Prof. Pushpak Bhattacharyya
Director of IIT Patna, Prof. of CSE, IIT Bombay
Prof. Pushpak Bhattacharyya is the former Director of IIT Patna (2015-20) and Professor of Computer Science and Engineering Department IIT Bombay where he also held the Vijay and Sita Vashi Chair Professorship...
Dr. Pami Dua
Professor of Economics and Director, Delhi School of Economics
Dr. Pami Dua is Professor of Economics and Director of the Delhi School of Economics. She has served as Chairperson, Research Council; Dean Research of Humanities and Social Sciences...
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