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RBI to set up office in Andhra Pradesh after clarity over state capital

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By Tolulope Dolapo Thomas

After the state government decides on a location for the state capital, the Reserve Bank of India (RBI) has announced that it will pursue the topic of opening an office in Andhra Pradesh.
Following the division of the joint RBI office in Hyderabad, this action is in response to a request to open an office in Andhra Pradesh.
M.K. Subhashree, RBI’s Deputy General Manager, wrote to Amaravati Development Authority Chairman Jasti Veeranjaneyulu, saying that the matter of opening an RBI office in the newly formed Andhra Pradesh state can only be pursued once the state government has decided on a location for its capital city.
Referring to ADA Chairman’s grievance about currency chests for storage of cash, the RBI official informed that there are 104 currency chests in the state.

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About Tolulope Dolapo Thomas

Tolulope Dolapo Thomas, BSc, is a Public Health Educator and Broadcast Journalist with extensive experience in radio and television. She specializes in Health Promotion, Sexual and Reproductive/Fertility Health, and Environmental Health. Certified in CPR and First Aid, Tolulope is passionate about empowering women through evidence-based public health education, fertility awareness, and community sensitization. She is currently pursuing an MSc in Public Health and is the founder of Everywoman Health by TD, a women-focused health platform dedicated to providing accurate, accessible, and trustworthy guidance for women at every stage of life.