Current Affairs - Persons - Discussion

T Rabi Sankar, currently serving as Deputy Governor of the Reserve Bank of India (RBI), has been appointed as a part-time member of the 16th Finance Commission (XVIFC) by the President of India. He fills the vacancy created by Ajay Narayan Jha's resignation and will serve until the commission submits its report (due by October 31, 2025). Sankar’s expertise in central banking and financial markets is expected to strengthen the Commission’s recommendations on Centre-State fiscal relations for 2026-2031. His reappointment as RBI Deputy Governor in May 2024 underscores his influential role in economic policymaking.