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India's Production States of Rubber The rubber industry in India plays a crucial role in the agricultural and industrial sectors of th...

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Wednesday, April 24, 2024



Deputy Governor T Rabi Sankar of the RBI receives a 1-year extension

RBI Deputy Governor T Rabi Sankar Extension

Deputy Governor T Rabi Sankar of the RBI receives a 1-year extension

The RBI Deputy Governor T Rabi Sankar's term has been extended by the government by one year, the central bank announced in a statement.

"The Central Government has re-appointed Shri T Rabi Sankar as Deputy Governor, Reserve Bank of India, for a period of one year with effect from May 03, 2024, or until further orders, whichever is earlier," it stated.

In May 2021, Sankar was named the RBI Deputy Governor, a position that would last three years.

He began working for the RBI in 1990 and held a number of different roles there.

Prior to being promoted to deputy governor, he served as the Reserve Bank's executive director.

As an executive director, he oversaw the RBI's Risk Monitoring Department, Fintech, the Department of Information Technology, and the Department of Payment and Settlement Systems.

From 2005 to 2011, Sankar worked as an IMF consultant, advising on the growth of the government bond market and debt management. In addition to his work at the RBI, he also holds the positions of Chairman of Indian Financial Technology and Allied Services (IFTAS), Member of the Governing Council of IDRBT, and Member of the Board of Directors of ReBIT.

Sankar holds an economics master's degree from Jawaharlal Nehru University.

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