Anand Sinha joined the Reserve Bank of India in July 1976, becoming deputy governor in January 2011. He was an adviser at the RBI until April 2014, after resigning as deputy governor in January 2014. As deputy governor, Sinha was in charge of the regulation of commercial banks, non-banking financial companies, urban co-operative banks and IT, among other areas. He has been closely associated with banking sector reforms in India.
Sinha has represented the RBI in various Bank for International Settlements committees and groups, such as the Basel Committee on Banking Supervision, Policy Development Group, Macroprudential Supervision Group, Macro Variables Task Force and the Committee on the Global Financial System.
He has also represented India on the Group of 20’s Working Group on Enhancing Sound Regulation and Strengthening Transparency. Sinha was the chairman of the governing council at the Institute for Development and Research in Banking Technology, a research and development institution on financial sector technology, set up by the RBI. He was also a member of the board at the Securities and Exchange Board of India.
Sinha holds a master’s degree in physics from the Indian Institute of Technology, New Delhi.
Since retiring from the RBI, he works as a financial sector consultant with a few organisations, some of which are multinational. Sinha is also a consultant for the International Monetary Fund, and gives lectures on financial sector issues both in India and abroad.
