Summary
Overview
Work History
Education
Skills
Certification
Trainings And Conferences
Work Preference
Timeline
Generic
ABHINAV PUSHP
Open To Work

ABHINAV PUSHP

Mumbai

Summary

Dynamic banking professional with extensive experience at the Reserve Bank of India (RBI), excelling in Treasury, Market Risk Management and bank resolution. I have experience of 22 years in areas of banking and finance which includes Portfolio Management, Market and liquidity risk regulation, weak Bank resolution, Payment & Settlement Systems and Commercial bank. I have worked as Portfolio Manager on the fixed income and currency side in Reserve Management Department of Reserve Bank of India. This also included providing regular updates and presentations along with analysis on Global market developments to Investment Strategy Committees influencing strategic decisions on asset allocations. I was instrumental in conceptualising foray of RBI onto new investment products like Interest Rate Futures and also exposure into new markets like Onshore and Offshore Chinese markets. This experience is integrated with the work on the regulation side of Commercial bank involving analysis and drafting of Market Risk Guidelines (Investment guidelines, existing Basel capital regulations & upcoming FRTB, Interest Rate Risk in Banking Book) and Liquidity risk (LCR & NSFR) for banks. Conducted impact analysis on various market and liquidity risk guidelines issued by Reserve bank of India enabling issuance of data-based regulations and circulars to banks. perspective. Currently working in area of weak bank and NBFC resolution which includes mergers of sick and healthy Urban Cooperative banks, cancellation of bank licences. Have played instrumental role in mergers of two fraud hit Cooperative bank in India. Proven track record in critical analysis and risk assessment, leading teams to successfully navigate complex challenges. I would like to continue with my passion to contribute, explore and learn various aspects of risk management in banks.

Overview

23
23
years of professional experience
1
1
Certification

Work History

General Manager

Reserve Bank of India
Mumbai
01.2025 - Current
  • Led team in Department of Banking Regulation focused on resolving distressed banks and NBFCs.
  • Achieved resolution for Mumbai-based cooperative bank affected by fraud.
  • Directed supervisory cancellation and voluntary surrender processes for non-banking finance companies.
  • Coordinated with Department of Supervision regarding statutory inspections of banks and NBFCs.
  • Developed policies related to bank resolution and recovery efforts.

Deputy General Manager

Reserve Bank of India
Mumbai
08.2020 - 12.2025
  • Led team in Department of Banking Regulation focusing on resolution and recovery for banks.
  • Directed resolution efforts for Punjab and Maharashtra Cooperative Bank by merging with Unity Small Finance Bank.
  • Monitored revival strategies for weak Urban Cooperative Banks within the division.
  • Contributed to policy guidance on resolution and recovery for underperforming banks.
  • Provided insights on revised Prompt Corrective Action framework from a resolution perspective.
  • Advised top management on cancellation of licenses for nonviable banks.
  • Managed legal cases related to bank resolutions, license cancellations, and RBI directives.
  • Participated in RBI team offering recommendations to Government of India on Financial Sector Resolution Bill.
  • Member of the Inter-Departmental Group Committee (IDG) which gives recommendations on authorization of new & current Electronic Payment System Operators (PSO).

Assistant General Manager

Reserve Bank of India
Mumbai
01.2018 - 07.2020
  • Specialized in regulatory aspects of market and liquidity risk for commercial banks.
  • Involved in issuance of guidelines and directions to banks on their investment portfolio operations and valuations.
  • Was involved in drafting of guidelines for the revised Market Risk Framework under FRTB (Fundamental Review of Trading Book) and IRRBB (Interest Rate Risk in Banking Book) for the Indian banks.
  • Provided interpretation on current market, investment and liquidity related guidelines of RBI to banks and supervisory department.
  • Played critical role in drafting and issuance of NSFR Guidelines for Indian banks.
  • Liaised with assessment team of BCBS (Basel Committee on Banking Supervision) for RCAP (Regulatory Consistency Assessment Programme) of NSFR guidelines for India.
  • Member of team conducting onsite inspection of Clearing Corporation of India Limited (CCIL) under PFMI principles.
  • Was involved in the framing of a policy response after conducting a vulnerability assessment on the capital ratios of the bank due to potential losses on the investment portfolio of the bank during a rising yield scenario in the Indian G-Sec market in 2018.
  • Conducted an impact analysis on the capital ratios of Indian banks under the QIS of BCBS due to the implementation of revised Basel III norms for credit risk, FRTB, and operational risk.
  • Worked on projects like introduction of Initial Margin for OTC derivatives, revised valuation norms for State Development Loans etc.
  • Provided clarifications on issues faced by Indian banks pertaining to LCR (Liquidity Coverage Ratio) guidelines, and also conducted a vulnerability assessment on various LCR components (HQLA and net outflows) for Indian banks.
  • Provided inputs to RBI Top Management regarding various financial market instruments and their functional characteristics as also views on the sovereign yield curve.

Assistant General Manager

Reserve Bank of India
Mumbai
09.2012 - 12.2017
  • Oversaw $40 billion fixed income forex reserve portfolio for two currencies, consistently generating alpha above benchmarks.
  • Managed portfolio duration by adjusting weights based on global macroeconomic developments to maximize yield and minimize risk.
  • Executed currency trades as manager of liquidity desk, adapting strategies to evolving market conditions.
  • Provided market analysis and insights to Strategy Committees, enhancing decision-making processes.
  • Facilitated investments in Chinese interbank bond market and Offshore Chinese bond market through collaboration with regulatory authorities.
  • Contributed to implementation of Interest Rate futures in large investment portfolios, improving risk management strategies.
  • Engaged in proprietary trading positions across major currency pairs, optimizing profit potential.
  • Provided analysis on global macro-economic and market developments, market views, trade ideas, technical levels etc. to Management.

Assistant General Manager

Reserve Bank of India
Mumbai
05.2011 - 08.2012
  • Provided supervisory clearance for executive appointments in Public and Private sector banks.
  • Evaluated executive-level appointments, ensuring compliance with banking regulations and standards.
  • Prepared affidavits representing Reserve Bank of India in court cases related to Indian Securities Scam 1992.

Manager

Reserve Bank of India
Mumbai
08.2005 - 04.2011
  • Served as system administrator for IBM OS-390 mainframe, facilitating various clearing processes.
  • Implemented new initiatives in payment systems, including Speed Clearing and Regional Electronic Clearing Services.
  • Conducted inspections of automated clearing houses and MICR cheque processing centers to meet operational efficiency standards.
  • Participated in marketing initiatives to promote electronic payments in Kolkata region, receiving an appreciation letter.
  • Delivered lectures on payment products across India as a faculty member for banking institutions.

Officer

Canara Bank
08.2003 - 05.2005
  • Worked in various branches of bank like overseas branch and SME branch which involved dealing with clients and performing credit appraisals, post credit formalities like documentation and disbursement.

Education

Master’s - Economics

Indira Gandhi National Open University (IGNOU)

Bachelor of Engineering -

Punjab Engineering College
Chandigarh

Skills

  • Critical analysis and risk assessment
  • Fixed income and foreign exchange
  • Regulatory compliance
  • Market and Liquidity risk
  • Supervisory oversight
  • Banking resolution
  • Decision making
  • Analytical skills and problem solving
  • Team collaboration and communication

Certification

  • Financial Risk Manager (FRM), Global association of Risk Professionals (GARP), 635800
  • Financial Market Analysis, International Monetary Fund, India
  • Online debt sustainability Program, International Monetary Fund, India
  • ACI Dealing Certificate, ACI, The Financial Markets Association
  • Executive Program in Business Management, Indian Institute of Management, Calcutta (IIM Calcutta), India
  • Certified Associate Indian Institute of Banking & Finance (CAIIB), Indian Institute of Banking and Finance, India

Trainings And Conferences

  • Workshop on Reserve Management, Bank of International Settlements, Kunming, China, 04/15/13 - 04/19/13
  • Goldman Sachs Asset Management Workshop, Hong Kong, China, 04/13/15 - 04/17/15
  • Regional Conference for Central Banks related to investments in Renminbi Markets, Dilijan, Armenia, 07/07/16 - 07/08/16
  • Annual Official External Reserves Management Seminar, J.P. Morgan, New York, New York, USA, 05/08/17 - 05/15/17
  • Seacan-BOJ-FSI-IADI Virtual Seminar on Problem Bank Intervention and Resolution, 09/28/21 - 09/30/21
  • Annual International Credit Union Regulators’ Network Conference, Montreal, Canada in July 2022 and in Kenya in July 2024

Work Preference

Job Search Status

Open to work

Work Type

Full Time

Location Preference

On-SiteHybrid

Salary Range

₹199000/yr - ₹200000/yr

Timeline

General Manager

Reserve Bank of India
01.2025 - Current

Deputy General Manager

Reserve Bank of India
08.2020 - 12.2025

Assistant General Manager

Reserve Bank of India
01.2018 - 07.2020

Assistant General Manager

Reserve Bank of India
09.2012 - 12.2017

Assistant General Manager

Reserve Bank of India
05.2011 - 08.2012

Manager

Reserve Bank of India
08.2005 - 04.2011

Officer

Canara Bank
08.2003 - 05.2005

Master’s - Economics

Indira Gandhi National Open University (IGNOU)

Bachelor of Engineering -

Punjab Engineering College
ABHINAV PUSHP