Rabi Sankar Re-appointed as RBI Deputy Governor

The Central Government has re-appointed T Rabi Sankar as the Deputy Governor of the Reserve Bank of India (RBI) for a period of one year. His term is effective from May 3, 2024, or until further orders, whichever is earlier.

About T Rabi Sankar:

• Educational Background:
  • Holds an M Phil in Economics from Jawaharlal Nehru University.
• Career Highlights:
  • Joined RBI in 1990.
  • Previously served as an Executive Director at RBI.
  • Expertise in areas such as payments & settlement, financial markets, and public debt management.
  • Knowledgeable in exchange rate, reserves portfolio, monetary operations, and the development, regulation, and surveillance of financial markets.

Significance of the Re-appointment:

• Rabi Sankar’s re-appointment ensures continuity and stability in the RBI’s leadership.
• His experience and expertise contribute to the effective functioning of India’s central bank.

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Rabi Sankar’s re-appointment as RBI Deputy Governor ensures stability and expertise in India’s central banking system.

View More Sources

(1) Rabi Sankar re-appointed RBI deputy governor – Times of India. https://timesofindia.indiatimes.com/business/india-business/rabi-sankar-re-appointed-rbi-deputy-governor/articleshow/109573700.cms.(2) RBI Deputy Governor Rabi Sankar’s Tenure Extended By 1 Year – NDTV.com. https://www.ndtv.com/business-news/rbi-deputy-governor-rabi-sankars-tenure-extended-by-1-year-5514125.(3) RBI Deputy Governor Rabi Sankar gets 1-year extension. https://www.tribuneindia.com/news/business/rbi-deputy-governor-rabi-sankar-gets-1-year-extension-614211.(4) T Rabi Sankar named new RBI Deputy Governor – Jagran Josh. https://www.jagranjosh.com/current-affairs/t-rabi-sankar-named-new-rbi-deputy-governor-1620112163-1.