RBI Relocates Andhra Pradesh Regional Office to Vijayawada

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

Shivam

Recent Posts

Which Indian City is Known as the Footwear City?

India has many cities that are famous for their unique industries, and some of them…

10 hours ago

Which Desert is known as the Cold Desert?

Some deserts are extremely hot, but some remain cold throughout the year. These cold deserts…

11 hours ago

Top-10 News Media Companies in the World, Check the List

In today’s world, news media plays a very important role in sharing information quickly and…

13 hours ago

PNB Housing Finance Appoints Ajai Kumar Shukla as New MD & CEO

PNB Housing Finance has announced the appointment of Ajai Kumar Shukla as its new Managing…

13 hours ago

Department of Posts and BSE Sign MoU to Expand Mutual Fund Access Across India

In a major push towards deepening financial inclusion, the Department of Posts (DoP) and BSE,…

13 hours ago

Retail Inflation Rises Slightly to 0.71% in November 2025

India’s retail inflation, measured by the Consumer Price Index (CPI), increased modestly to 0.71% in…

13 hours ago