💨 Abstract

The Appointments Committee of the Cabinet has approved the reappointment of T. Rabi Sankar as Deputy Governor of the Reserve Bank of India (RBI) for a year. His tenure will begin on May 3, 2025. Sankar, who oversees the FinTech, Financial Markets Operations, and Financial Markets Regulation departments, has been instrumental in launching the Central Bank Digital Currency (CBDC).

Courtesy: theprint.in

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