On October 20, 2023, Dr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI), inaugurated the Sub-office of the Reserve Bank in Itanagar, Arunachal Pradesh.
The Sub-office in Itanagar begins functioning with the following departments / cells: Financial Inclusion and Development Department (FIDD), Human Resource Management Department (HRMD), Consumer Education and Protection Cell (CEPC) and Market Intelligence Cell (MIC). The currency management for the state of Arunachal Pradesh will continue to be conducted by the Bank’s Guwahati Office.
The central bank said in the statement, with the opening of this office, the Reserve Bank now has presence in all the seven States of the north-eastern region (NER) viz., Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.
