India extends cenbank deputy Sankar's term by one year

Tuesday 22nd April 2025

Font size:

India has extended the term of Reserve Bank of India deputy governor T. Rabi Sankar by one year, according to a government notification. The government notification, dated April 21, said Sankar would continue to serve for an additional year starting May 3 or until further orders, whichever is earlier. Sankar was first appointed deputy governor on March 3, 2021 for a period of three years before his term was extended by a year in 2024. Sankar handles key departments like foreign exchange management, financial markets operations, financial markets regulations, external investments and government and bank accounts.