RBI Deputy Governor T Rabi Sankar Receives One-Year Tenure Extension

Category : Appointment/Resignation Published on: April 29 2024

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T. Rabi Sankar, Deputy Governor of the Reserve Bank of India (RBI), receives a one-year extension, effective from May 3, 2024, showcasing continued confidence in his leadership within the central banking institution.
The Appointments Committee of the Cabinet (ACC) approves Sankar's re-appointment, recognizing his extensive three-decade-long career at the RBI and entrusting him with pivotal responsibilities.
Sankar's oversight spans critical departments including currency management, government and bank accounts, information technology, fintech, foreign exchange, and internal debt management, underscoring his significant role in shaping India's monetary policy and financial stability.