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RBI deputy governor Sankar's term extended by one yearThe 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.
Reuters
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<div class="paragraphs"><p>The Reserve Bank of India (RBI).</p></div>

The Reserve Bank of India (RBI).

Credit: Reuters File Photo

Mumbai: Reserve Bank of India's deputy governor T Rabi Sankar's term has been extended by one year, according to a government notification.

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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.

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(Published 22 April 2025, 13:43 IST)