The Reserve Bank of India (RBI) has officially relocated its Andhra Pradesh regional office from Hyderabad to Vijayawada. The new office was inaugurated by Deputy Governor T. Rabi Sankar on June 16, 2025, marking a key step toward decentralizing financial operations within the state.

Key Highlights:

• The new regional office in Vijayawada will handle departments like banking regulation, foreign exchange, supervision, HR, IT, audit, and more.
• Currency operations will continue to function from the Hyderabad sub-office.
• Deputy Governor T. Rabi Sankar inaugurated the new office, emphasizing improved local access and efficiency.
• The office will be headed by Regional Director Attah Omar Basheer, ensuring administrative oversight for RBI functions in Andhra Pradesh.
• The move aligns with the goal of bringing financial governance closer to Amaravati, the state’s capital region.