T Rabi Sankar named new RBI Deputy Governor

T Rabi Sankar has been appointed as the new Deputy Governor of the Reserve Bank of India for a period of 3 years.

New Delhi:The Appointments Committee of the Cabinet on Saturday approved the appointment of T Rabi Sankar to the post of Deputy Governor of the Reserve Bank of India.

The official letter confirmed that Sankar would hold the post for a period of three years.

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Rabi Sankar succeeds B P Kanungo as the deputy governor, who retired on April 2 after getting a one-year extension in his position.

Sankar has served as the Executive Director of the Reserve Bank of India.

with agency inputs