Real neural system usually contains two types of neurons, i.e., excitatory neurons and inhibitory ones. Analytical and numerical interpretation of dynamics induced by different types of interactions among the neurons of two types is beneficial to understanding those physiological functions of the brain. Here, we articulate a model of noise-perturbed random neural networks containing both excitatory and inhibitory (E&I) populations. Particularly, both intra-correlatively and inter-independently connected neurons in two populations are taken into account, which is different from the most existing E&I models only considering the independently-connected neurons. By employing the typical mean-field theory, we obtain an equivalent system of two dimensions with an input of stationary Gaussian process. Investigating the stationary autocorrelation functions along the obtained system, we analytically find the parameters’ conditions under which the synchronized behaviors between the two populations are sufficiently emergent. Taking the maximal Lyapunov exponent as an index, we also find different critical values of the coupling strength coefficients for the chaotic excitatory neurons and for the chaotic inhibitory ones. Interestingly, we reveal that the noise is able to suppress chaotic dynamics of the random neural networks having neurons in two populations, while an appropriate amount of correlation coefficient in intra-coupling strengths can enhance chaos occurrence. Finally, we also detect a previously-reported phenomenon where the parameters region corresponds to neither linearly stable nor chaotic dynamics; however, the size of the region area crucially depends on the populations’ parameters.