RBI Deputy Governor Rabi Shankar's tenure extended for one year

• RBI Deputy Governor Rabi Shankar got approval for one year extension from the government.

• The Appointments Committee of the Cabinet has approved for a period of one year from May 3, 2024.

• He was appointed as the Deputy Governor of RBI in May 2021 for a period of three years.

• Before being promoted to the post of Deputy Governor, he was the Executive Director of the Reserve Bank.