The Reserve Bank of India (RBI) on Friday reshuffled the portfolios of its deputy governors. Poonam Gupta, who has been newly appointed, has been given charge of the key monetary policy department.

The RBI currently has four deputy governors, with the fill up of the vacancy following the retirement of Michael Debabrata Patra in January.

With Gupta’s appointment and assumption of charge, the RBI decided to shuffle the portfolios. In addition to her role in monetary policy, she has been assigned responsibility for seven other departments, including corporate strategy and budget, communication, and financial stability. M. Rajeshwar Rao will oversee six departments, including coordination, regulation, enforcement, and risk monitoring. Before Gupta’s appointment, Rao was responsible for the monetary policy department.

Deputy governor T. Rabi Sankar will manage 12 departments, including the central security cell, information technology, payment and settlement systems, the foreign exchange department, and fintech, among others.

Deputy governor Swaminathan Janakiraman has been assigned responsibility for consumer education, supervision, inspection, and four other departments. The changes in portfolio distribution will take effect from Friday.