T Rabi Sankar re-appointed as RBI DG for one year

The government has re-appointed T. Rabi Sankar as Deputy Governor, Reserve Bank of India for a period of one year with effect from May 3, the central bank said on Wednesday.

Sankar, a career central banker who joined the RBI in 1990, was initially appointed as Deputy Governor on May 3, 2021 for a three-year period.

Prior to his elevation as Deputy Governor, Sankar was an Executive Director with the RBI from December 2019 onwards.

Sankar is in charge of the departments of currency management, government and bank accounts, information technology, external investments and operations, payment and settlement systems, fintech, foreign exchange and internal debt management, amongst others.