Faculty at School of Humanities and Social Sciences

Indranil Sen Gupta

Indranil Sen Gupta

Professor of Practice


Contact Information

M.A (Economics), Jawaharlal Nehru University, New Delhi, 1991 

  • Economist & Head Of India Research, CLSA, 2021-24
  • Co-Head Of Research & Economist, Bank Of America Merrill Lynch, 2007-21
  • Economist, Kotak Securities, 2005-07
  • Assistant Adviser, Department Of Economic Analysis & Policy, Reserve Bank Of India, 1994-200

Financial Markets, Monetary Policy, Economic History

Ranked As An Economist As Well As Team Co Lead In Several Investor Surveys, Including Institutional Investor, Since 2005.

  1. “Financial Sector Reforms And The Balance Sheet Of The Reserve Bank Of India” (With Narendra Jadhav, Partha Ray And Dhritidyuti Bose), Economic And Political Weekly, Vol 40(12), 2005;

  2. “The Reserve Bank Of India’s Balance Sheet: Analytics And Dynamics Of Evolution” (With Narendra Jadhav, Partha Ray And Dhritidyuti Bose), Reserve Bank Of India Occasional Papers, Vol. 24(3), 2003;

  3. “Anatomy Of Liquidity Management” (With Indranil Bhattacharyya, Siddhartha Sanyal  And Satyananda Sahoo), Reserve Bank Of India Occasional Papers, Vol. 21(2), 2000; &

  4. “Residency In Money Supply” (With D.P. Rath), Reserve Bank Of India Occasional Papers, Vol. 20(1), 1999.

“Residency In Money Supply” (With D.P. Rath), In Vasudevan, A. Edited, Money And Banking, Academic Foundation, 2003.

Panelist At Several Conferences Since 2005

Multiple Media Articles/Tv Interviews Since 2005 Including:

  1.  “People spend more, RBI gets more FX”. Times of India, Sep 5, 2025 
  2.  “How’s that fair”, Times of India, Aug 9, 2024.   
  3. “Fighting The Fed Hurricane”, Financial Express, Dec 8, 2022;
  4. “Time Running Out For Rate Cuts”, Mint, July 27, 2017;
  5. “Repo Rate May Drop 75bps More By April 2016”, Economic Times,   March 4, 2015;
  6. “How Much Can Delhi Do?”, Business Standard, May 5, 2014;
  7.  “The Rupee Dilemma: What Can Be Done?”, Economic Times, May 22, 2013.

  

Ngos

  1. Actively Associated With Duttapukur Matri Ashram, Kolkata, Promoting A School For Less Privileged Children; 
  2.  Member, EGROW Shadow Monetary Policy Committee, 2018-

Government

  1. Governor for India, Governing Board, Economic Research Institute for ASEAN and East Asia (ERIA), Jakarta, 2026-
  2. Chairman, Consultative Committee on Banking Service Price Index, Reserve Bank of India (RBI), 2025-2026
  3. Member,  Working Group on Wholesale Price Index (WPI) Revision, Ministry of Commerce & Industry, Government of India, 2019-2026
  4. Member, Sub Group on Analytical and Dissemination Issues,  Working Group on WPI Revision, 2025-2026,
  5. Co-Convenor, Advisory Group on Insurance Regulation, Standing Committee on International Standards and Codes, 2000-2001