Deepak Mohanty | |
|---|---|
 | |
| Born | 1960 (India) |
| Nationality |  Indian |
| Academic background | |
| Alma mater | Yale University |
| Academic work | |
| Institutions | PFRDA |
Deepak Mohanty (born 1960) is an economist. He served as Chairperson of India's pension regulator,Pension Fund Regulatory and Development Authority(PFRDA) from March 2023 till May 2025. [1] [2] He was Chief Economic Advisor,Federation of Indian Chambers of Commerce and Industry (FICCI) and was an independent Director on a few companies’Boards. [3] Prior to that,Dr. Mohanty was Whole Time Member,PFRDA. [4]
He served as executive director of the Reserve Bank of India (RBI). The areas supervised by him were monetary policy,economic research,statistics,financial stability,enforcement of banking regulation,risk management and internal audit &inspection. He had also worked in various positions in economic research and was head of monetary policy department of the RBI.
He served in the International Monetary Fund (IMF) as senior adviser. [5]
He graduated with a bachelor's degree in physics with honors from Ravenshaw College,Cuttack,in 1979,before going to Jawaharlal Nehru University for his master's degree. He also holds a master's degree in economics from Yale University. He holds a doctorate degree in economics from Gokhale Institute of Politics and Economics.
He has presided over a few committees in RBI for suggesting various policy changes by the central bank. [6] In one such committee,he suggested that only the repo rate should be the signalling rate and that the monetary system should almost always operate in a deficit. One other big suggestion he made is that the government's surplus cash deposited with the RBI should be auctioned so that there is no lead and lag in liquidity. [7]
Mohanty edited and contributed to three books of research papers titled Regional Economy of India:Growth and Finance. [8] [9] ,Monetary Policy,Sovereign Debt and Financial Stability-The New Trilemma. [10] and Pension Security in India :Progress and Prospects.
He spoke extensively on monetary,financial and social-security issues. [11] [12] He delivered the prestigious Prof. Baidyanath Misra Endowment Lecture of the Orissa Economics Association,in 2010. [13] [14]
