Dr. Rupa Rege Nitsure is the Group Chief Economist of L&T Financial Services since March, 2015, responsible for advising and guiding the L&T Financial Services Management on its outlook related to various macroeconomic and policy issues. She also contributes towards business planning, treasury management and risk planning by providing timely business leads, macro calls and early warning signals. Her key areas of specialisation are Macroeconomics and Financial Intermediation.
Prior to joining LTFS, she held the position of Chief Economist and General Manager at Bank of Baroda (2003-2015) and Senior Economist at ICICI (DFI) and ICICI Bank (1989-2003). At Bank of Baroda, she also headed Investor Relations and regularly represented the Bank in several deal and non-deal road-shows in India and abroad. While at the ICICI Bank, she organized an International Conference on “Regulation of Financial Intermediaries in Emerging Markets” involving researchers from the World Bank, IMF, BIS, Indian and US Academia. Subsequently, she co-edited and brought out a book on the “Conference Proceedings” in 2005.
She has served on various important Policy-Making Committees appointed by the Government of India/Reserve Bank of India and published several articles in the field of policy-oriented research. To name a select few, she was the Member of the “Standing Advisory Group on Indian Statistical Databases”, Reserve Bank of India, during 2004 to 2007. She was the Member of the “Committee for Integration of Banking Structures”, Ministry of Finance, Government of India, 2011. She was the Member of the “Expert Committee to Revise and Strengthen the Monetary Policy Framework”, Reserve Bank of India (Chaired by Deputy Governor: Dr Urjit Patel), 2013-14.
Current role