The Ministry of Finance has notified the appointment of T. Rabi Sankar as a part-time Member of the Sixteenth Finance Commission.
“In pursuance of clause (1) of article 280 of the Constitution read with the provisions of the Finance Commission (Miscellaneous Provisions) Act, 1951 (33 of 1951), the President is pleased to appoint Shri T. Rabi Sankar as a part-time Member of the Sixteenth Finance Commission,” the notification read.
T. Rabi Sankar, part-time Member shall hold office from the date on which he assumes office up to the date of submission of Report by the said Finance Commission or 31st October, 2025, whichever is earlier.
Who is T. Rabi Sankar?
T. Rabi Sankar is the Deputy Governor of Reserve Bank of India. He was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor.
T. Rabi Sankar, a career central banker, joined the Bank in 1990 and has worked in various positions in Reserve Bank of India. As Executive Director, he was looking after the Department of Payment and Settlement Systems, the Department of Information Technology, Fintech and the Risk Monitoring Department in RBI. His areas of expertise include exchange rate management, reserves portfolio management, public debt management, monetary operations and development, regulation and surveillance of financial markets, payment systems and IT infrastructure.
He has served as an IMF Consultant (2005-11) on developing Government bond markets and debt management. He represented RBI on international forums like Bank for International Settlements and various internal and external expert committees and working groups. In addition to his professional career at RBI, he is Chairman, Indian Financial Technology and Allied Services (IFTAS), member of Board of Directors, ReBIT and member of Governing Council IDRBT.
He has a Master of Philosophy in Economics from the Jawaharlal Nehru University, New Delhi.
Notification Details
Notification No. F. No. 10(2)-B(S)/2022]
Date: 7th June, 2025
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