Categories: Appointments

T Rabi Sankar named RBI deputy governor

Reserve Bank of India (RBI) executive director T Rabi Sankar has been named as the fourth Deputy Governor of the central bank. The Appointments Committee of the Cabinet has approved his appointment. He is in charge of the payments system, fintech, information technology and risk management at the RBI. He succeeds BP Kanungo as the deputy governor, who retired on April 2 after getting a one-year extension in his position.

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Sankar has long experience across a wide spectrum of central banking functions, particularly, exchange rate management, reserves portfolio management, public debt management, monetary operations, development, regulation and surveillance of financial markets and of payment systems, and managing the Bank’s IT infrastructure.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.