This article delves into the often overlooked yet pivotal role of Dr. Babasaheb Ambedkar in shaping India's economic landscape, focusing on his instrumental contributions to the establishment of the Reserve Bank of India (RBI). Through meticulous research and analysis, it uncovers Dr. Ambedkar's visionary outlook and economic expertise, showcased in seminal works such as "The Problem of the Rupee: Its origin and its solution," which influenced key recommendations in the Hilton-Young Commission's report. Beyond founding the RBI, Dr. Ambedkar's advocacy extended to vital socio-economic reforms, including land reforms, labor rights, and education initiatives, emphasizing equitable distribution of resources and opportunities. The study advocates for greater recognition of Dr. Ambedkar's legacy, urging initiatives such as featuring his portrait on Indian currency notes to honor his enduring impact on India's financial framework and advocate for inclusivity in economic policies. Through its findings, this article underscores the importance of acknowledging diverse voices and perspectives in shaping economic institutions and addressing contemporary socio-economic challenges with equity and justice.