Reserve Bank of India (RBI) executive director T Rabi Sankar has been appointed as the fourth Deputy Governor of the central bank.
- Rabi Sankar succeeds B P Kanungo as the deputy governor, who retired on April 2, 2021 after getting a one year extension in his position.
- Rabi Sankar now joins Mahesh Kumar Jain, Michael Patra and Rajeshwar Rao as the 4th deputy governor of the Reserve bank of India.
- Rabi Sankar has an M Phil in Economics degree and has handled all critical departments at the RBI, including debt management, which was the domain of Kanungo.
- During 2005-11, he was the International Monetary Fund (IMF) appointed consultant to the government and central bank of Bangladesh on developing the bond market and debt management process.
