Summary
Overview
Work History
Education
Skills
Personal Information
Languages
Address
Websites
Timeline
Generic
Vineet Kumar Srivastava

Vineet Kumar Srivastava

Mumbai

Summary

Accomplished leader with extensive experience at the Reserve Bank of India, specializing in climate change research and economic forecasting. Proven track record in strategic planning and policy writing, successfully advocating India's position in international forums. Adept at leveraging machine learning for data analysis, driving impactful research initiatives in the banking sector.

Overview

32
32
years of professional experience

Work History

Director, Department of Economic & Policy Research

Reserve Bank of India
Mumbai
03.2025 - Current
  • I am responsible for undertaking research studies in the emerging areas related to climate change, green finance, renewable energy, clean transport, artificial intelligence, and machine learning issues for the banking and financial sector.

Director and Executive Assistant to Deputy Governor

Reserve Bank of India
Mumbai
05.2017 - 03.2025
  • Served as Executive Assistant to two Deputy Governors for eight years, the longest tenure in Reserve Bank history.

Facilitated decision-making on policy and operational matters for departments under Deputy Governors.

  • Prepared policy interventions and advocated India's stance in G20, IMFC, CGFS, SAARCFINANCE, and SEACEN meetings.
  • Coordinated and monitored work of RBI’s finance track during India’s G20 Presidency in 2023.
  • Represented Bank at OECD Working Group on Short Term Economic Prospects from April 2018 to November 2023.
  • Presented 'Macroeconomic Outlook for India' at OECD STEP meetings, showcasing economic trends.
  • Participated in OECD-Eurostat Expert Group meetings to reconcile national accounts with household data.
  • Represented Bank at UNECE Group of Experts on National Accounts meetings in Geneva in 2018, 2019, and 2024.

Director, National Accounts Analysis Division

Reserve Bank of India
Mumbai
07.2016 - 04.2017
  • Revamped growth projection methodology by adopting real GDP over GVA metrics to align with global best practices.
    Facilitated quarterly and annual assessments of real GDP growth to refine economic forecasting.
    Advanced data coverage improvements for mutual funds, housing finance companies, and NBFCs according to committee recommendations.
    Led efforts for compiling sector-specific financial stocks and flows as suggested by G20 Data Gap Initiatives.
    Commenced dissemination of financial stock and flow information for the Indian economy starting July 2019, covering period since 2011-12.
    Participated as Bank representative in OECD’s Informal Advisory Group focused on GDP measurement in digitized environments since 2017.

Director, G-20 Division

Reserve Bank of India
Mumbai
01.2016 - 06.2016
  • I handled G20 finance track related agenda and national objectives during 2016 under China Presidency.

Assistant Adviser, Fund Bank Division

Reserve Bank of India
Mumbai
09.2015 - 01.2016
  • I coordinated for Article IV consultations of the IMF and facilitated in pursuing India's stance and medium term objectives.

Assistant Adviser, National Accounts Analysis Division

Reserve Bank of India
Mumbai
02.2013 - 09.2015
  • Adopted real GDP growth projections to align with international standards and enhance forecasting accuracy.
    Developed quarterly growth metrics in addition to annual projections for comprehensive analysis.
    Led initiatives for compiling sector-specific financial stocks and flows as part of G20 Data Gap Initiatives.
    Commenced dissemination of financial stocks and flows data beginning July 2019, covering period from 2011-12 onward.
    Served as representative for Bank in OECD's Informal Advisory Group on GDP measurement in digital economies.

Assistant Adviser/in-Charge

Reserve Bank of India
Lucknow
04.2010 - 02.2013
  • Executed comprehensive research studies focused on banking outreach and MSME credit flow in Uttar Pradesh.
    Managed project study analyzing economic growth and income inequality in rural regions.
    Delivered presentation at Northern Local Board meeting, New Delhi, on February 10, 2012.
    Supported development of Central Library at Lucknow Office.

Assistant Adviser, Division of International Finance and Trade

Reserve Bank of India
Mumbai
01.2009 - 04.2010
  • Developed report on modalities for Coordinated Direct Investment Survey, submitted in December 2009.
    Researched remittances from overseas Indians, analyzing transfer methods and costs, published in RBI Bulletin in April 2010.

Assistant Adviser, Internal Debt Management Department

Reserve Bank of India
Mumbai
08.2007 - 01.2009
  • Spearheaded reforms to strengthen debt management for State Governments during tenure from 2001 to 2009.
    Eliminated brokerage commissions paid to banks for auctioning State Government securities.
    Implemented non-competitive bidding scheme in State Government securities auctions.
    Oversaw re-issuances of State Government securities in primary auction processes.
    Facilitated auctions of State Development Loans under market borrowing initiatives.
    Supervised implementation of Scheme of Ways and Means Advances for Central and State Governments in 2007-09.
    Organized bi-annual Conference of State Finance Secretaries between 2002 and 2006.

Research Officer, Internal Debt Management Department

Reserve Bank of India
Mumbai
10.2001 - 08.2007
  • Conducted auctions for State Development Loans under market borrowing program from 2007 to 2008.
    Monitored implementation of Scheme of Ways and Means Advances to Central and State Governments during 2007-09.
    Coordinated bi-annual Conference of State Finance Secretaries from 2002 to 2006.

Research Officer, Division of Reports and Knowledge Dissemination

Reserve Bank of India
Mumbai
06.1997 - 09.2001
  • Restructured major publications of Bank, including Report on Currency and Finance, Handbook of Statistics on Indian Economy, RBI Bulletin, and Weekly Statistical Supplement from June 1997 to September 2001

Part-time Lecturer, Department of Economics

University of Allahabad
Allahabad
01.1994 - 01.1997
  • Facilitated learning for undergraduate students in Development and Planning, monetary theory and policies, and Indian Economy at University of Allahabad as UGC scholar.

Education

Ph. D. - Economics

Jai Prakash University
Chapra
02.2018

Certified Associate of India Institute of Bankers (CAIIB) -

Indian Institute of Banking and Finance
India
02.2014

Certificate - Treasury and Risk Management- Level II (Advanced)

Indian Institute of Banking and Finance
India
05.2010

University Grants Commission/ National Eligibility Test (UGC/NET) - Economics

12.1991

Master of Arts (MA) - Economics

University of Allahabad
Allahabad, Uttar Pradesh, India
03.1991

Skills

  • Climate change research
  • Data analysis
  • Economic forecasting
  • Machine learning
  • Strategic planning
  • Leadership development
  • Risk assessment
  • Policy writing

Personal Information

Date of Birth: 10/20/67

Languages

  • English
  • Hindi
  • English

Address

Amar Building, 6th Floor, Sir P M Road, Fort, Mumbai, Maharashtra, 400001, India, A-31, RBI Officers Quarters, Jalada, Prabhadevi, Tata Press Lane, Mumbai, Maharashtra, 400025, India

Timeline

Director, Department of Economic & Policy Research

Reserve Bank of India
03.2025 - Current

Director and Executive Assistant to Deputy Governor

Reserve Bank of India
05.2017 - 03.2025

Director, National Accounts Analysis Division

Reserve Bank of India
07.2016 - 04.2017

Director, G-20 Division

Reserve Bank of India
01.2016 - 06.2016

Assistant Adviser, Fund Bank Division

Reserve Bank of India
09.2015 - 01.2016

Assistant Adviser, National Accounts Analysis Division

Reserve Bank of India
02.2013 - 09.2015

Assistant Adviser/in-Charge

Reserve Bank of India
04.2010 - 02.2013

Assistant Adviser, Division of International Finance and Trade

Reserve Bank of India
01.2009 - 04.2010

Assistant Adviser, Internal Debt Management Department

Reserve Bank of India
08.2007 - 01.2009

Research Officer, Internal Debt Management Department

Reserve Bank of India
10.2001 - 08.2007

Research Officer, Division of Reports and Knowledge Dissemination

Reserve Bank of India
06.1997 - 09.2001

Part-time Lecturer, Department of Economics

University of Allahabad
01.1994 - 01.1997

Ph. D. - Economics

Jai Prakash University

Certified Associate of India Institute of Bankers (CAIIB) -

Indian Institute of Banking and Finance

Certificate - Treasury and Risk Management- Level II (Advanced)

Indian Institute of Banking and Finance

University Grants Commission/ National Eligibility Test (UGC/NET) - Economics

Master of Arts (MA) - Economics

University of Allahabad
Vineet Kumar Srivastava