Centre names T. Rabi Sankar as RBI Deputy Governor


The Centre has named T. Rabi Sankar as the Deputy Governor of the Reserve Bank of India. His appointment is for three years tenure or until further orders, whichever is earlier.

Earlier, Sankar was Executive Director of the Reserve Bank before being promoted to the post of Deputy Governor.

Sankar joined RBI in 1990 and has been associated with various positions in the Reserve Bank of India. As Executive Director, he was supervising after the Department of Payment and Settlement Systems, the Department of Information Technology, Fintech and the Risk Monitoring Department in RBI.

He is a seasoned expert in areas such as exchange rate management, reserves portfolio management, public debt management, monetary operations and development, regulation and surveillance of financial markets, payment systems and IT infrastructure.

Sankar was an IMF Consultant (2005-11) and helped in developing Government bond markets and debt management.

Also Read: RBI governor meets MD and CEOs of NBFC-MFIs

He represented the central bank on international forums like Bank for International Settlements and various internal and external expert committees and working groups.

Apart from RBI, he is also the Chairman of Indian Financial Technology and Allied Services (IFTAS), member of Board of Directors, ReBIT and member of Governing Council IDRBT.

He holds Master of Philosophy in Economics from the Jawaharlal Nehru University, New Delhi.

The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.
Now, Elets' YouTube channel, a treasure of premier innovation-oriented knowledge-conferences and awards, is also active. To Subscribe Free, Click Here.

Get a chance to meet the Who's who of the NBFCs and Insurance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.