transfers.fyiतबादला

Revolving door

Bibhu Prasad Kanungo

Career RBI officer (joined 1982)

1536days after leaving Deputy Governor, Reserve Bank of India. Then IIFL Finance Ltd.

The cooling-off rule

2 Apr 2021 to 16 Jun 2025

The rule: Not AIS. RBI post-retirement norms not checked.

Before and after

  1. Documented

    Deputy Governor, Reserve Bank of India

    Mint · New Indian Express (PTI)

  2. 1536 days after leaving.

  3. Documented

    IIFL Finance Ltd (Fairfax-linked, per Businessworld)

    Independent Director

    the appointment of Shri B.P. Kanungo, former Deputy Governor of the Reserve Bank of India (RBI), as an Independent

    IIFL Finance Ltd · Business Standard

  4. Documented

    IIFL Finance Ltd

    Chairperson of the Board

    The Board of Directors, at its meeting held today, unanimously designated Mr. Kanungo as

    IIFL Finance Ltd · Businessworld via TradingView/Moody's

What the office had to do with the company

None found. His RBI portfolio (currency, payments, forex) per Mint/NIE; no RBI decision on a Fairfax entity attributed to him was found.

    Sources

    Dates and filings placed side by side; being listed is not a finding of wrongdoing. Sources were opened on Oct 2026.