List of governors of the Reserve Bank of India

2021-10-29T08:33:20Z

2402:3A80:A82:9FA:DAF:4D45:D4A4:75DB: /* List of Governors of the Reserve Bank of India */

{{Short description|none}}
{{Use Indian English|date=July 2015}}
{{Use dmy dates|date=November 2020}}
{{Infobox official post
| post = Governor
| native_name =
| body = the [[Reserve Bank of India]]
| insignia =
| insigniacaption =
| image = Shaktikanta Das, IAS.jpg
| incumbent = [[Shaktikanta Das]], [[Indian Administrative Service|IAS]]
| incumbentsince = {{Start date and age|2018|12|12|df=yes}}
| style =
| residence =
| termlength = Three years
| appointer = [[Government of India]]
| salary = ₹ 2,50,000
| formation = {{start date and years ago|df=yes|1935|04|01}}
| inaugural = Sir [[Osborne Smith]] {{small|(1935–1937)}}
| website = {{URL|https://rbi.org.in/}}
| constituting_instrument = [[Reserve Bank of India Act, 1934]]
| deputy = [[Deputy Governor of the Reserve Bank of India|Deputy Governors of the Reserve Bank of India]]
}}

The '''Governor of the Reserve Bank of India''' is the [[chief executive|chief executive officer]] of India's [[central bank]] and the ''[[ex-officio]]'' chair of its Central Board of Directors. [[Indian Rupee]] currency notes, issued by the Reserve Bank of India, bear the Governor's signature. Since its establishment in 1935 by the [[British Raj|Government of India]], the RBI has been headed by twenty-five{{Nbsp}}governors. The [[List of Governors of Reserve Bank of India|Governor of Reserve Bank of India]] is a member of the ''Strategic Policy Group'' headed by [[National Security Advisor (India)|National Security Advisor]] [[Ajit Doval]]. It is a crucial wing of the [[National Security Council (India)|National Security Council]].{{Clarify|date=November 2020}}

The term of office typically runs for three years and can, in some cases,{{Vague|date=November 2020}} be extended for another two years.

The inaugural officeholder was the British banker Sir [[Osborne Smith]], while Sir [[C. D. Deshmukh]] was the first native Indian governor. Holding office for over seven years, Sir [[Benegal Rama Rau]] was the longest-serving governor, while [[Amitav Ghosh (banker)|Amitav Ghosh]]'s 20-day term is the shortest. The bank's fifteenth{{Nbsp}}governor, Dr [[Manmohan Singh]], later became India's thirteenth prime minister. [[Shaktikanta Das]] is the twenty-fifth governor of the [[Reserve Bank of India]] from 12 December 2018.

==List of Governors of the Reserve Bank of India==

{| class="wikitable sortable mw-collapsible" style="text-align:center"
|+List of governors of the Reserve Bank of India
! data-sort-type="number" scope="col" | {{Abbr|No.|Number}}
! scope="col" | Officeholder
! scope="col" | Portrait
! data-sort-type="date" scope="col" | Term start
! data-sort-type="date" scope="col" | Term end
! scope="col" | Term in office
! scope="col" | Background
! scope="col" | Prior offices
! scope="col" | References
|-
|1
|Sir [[Osborne Smith]]
|[[File:SirOsborneSmith.jpg|frameless|90px]]
|1 April 1935
|30 June 1937
|{{ayd|1935|4|1|1937|6|30}}{{Nbsp}}
|Banker
|Managing Governor of the [[Imperial Bank of India]]
|<ref>{{cite book|title=Barons of Banking - Glimpses of Indian Banking History|last1=Dadabhoy|first1=Bakhtiar K|date=18 Sep 2013|publisher=Random House India|isbn=9788184004762|page=20}}</ref>
|-
|2
|Sir [[James Braid Taylor]]
|[[File:Sir James Braid Taylor.jpg|frameless|90px]]
|1 July 1937
|17 February 1943
|{{ayd|1937|7|1|1943|2|17}}{{Nbsp}}
|[[Indian Civil Service]] (ICS) officer
|[[Deputy Governor of the Reserve Bank of India]] 
Controller of Currency
|<ref>{{cite book|title=Indian financial systems and markets|last1=Saha|first1=Siddhartha Sankar|date=2013|publisher=McGraw-Hill|isbn=978-1259005008|location=New Delhi, IN.|page=67}}</ref>
|-
|3
|Sir [[C. D. Deshmukh]]
|[[File:Shri C.D. Deshmukh, Minister for Finance, Government of India glancing thought the Budget for the year 1954-55, before its presentation to the Parliament in New Delhi on February 27, 1954.jpg|frameless|90px]]
|11 August 1943
|30 June 1949
|{{ayd|1943|8|11|1949|6|30}}{{Nbsp}}
| rowspan="4" |ICS officer
|Deputy Governor of the Reserve Bank of India 
[[Custodian of Enemy Property]]
|
|-
|4
|Sir [[Benegal Rama Rau]]
|[[File:Sir Benegal Rama Rau, governor of Reserve Bank of India.jpg|frameless|90px]]
|1 July 1949
|14 January 1957
|{{ayd|1949|7|1|1957|1|14}}{{Nbsp}}
|Ambassador of India to the United States

Ambassador of India to Japan

Chairman of [[Bombay Port Trust]]
|
|-
|5
|[[K. G. Ambegaonkar]]
|
|14 January 1957
|28 February 1957
|{{ayd|1957|01|14|1957|02|28|df=y}}{{Nbsp}}
|[[Finance Secretary]]
|
|-
|6
|[[H. V. R. Iyengar]]
|[[File:HVR Iengar.jpg]]
|1 March 1957
|28 February 1962
|{{ayd|1957|3|1|1962|2|28}}{{Nbsp}}
|Chairman of the [[State Bank of India]]
|
|-
|7
|[[P. C. Bhattacharya]]
|
|1 March 1962
|30 June 1967
|{{ayd|1962|3|1|1967|6|30}}{{Nbsp}}
|[[Indian Audit and Accounts Service]] officer
|Chairman of the [[State Bank of India]] 
[[Secretary to the Government of India|Secretary]] in the [[Ministry of Finance (India)|Ministry of Finance]]
|
|-
|8
|[[Lakshmi Kant Jha]]
|
|1 July 1967
|3 May 1970
|{{ayd|1967|7|1|1970|5|3}}{{Nbsp}}
|ICS officer
|[[Principal Secretary to the Prime Minister of India|Secretary to the Prime Minister of India]]
|
|-
|9
|[[B. N. Adarkar]]
|
|4 May 1970
|15 June 1970
|{{ayd|1970|5|4|1970|6|15}}{{Nbsp}}
|Economist
|Executive Director at the [[International Monetary Fund]]
|
|-
|10
|[[Sarukkai Jagannathan]]
|
|16 June 1970
|19 May 1975
|{{ayd|1970|6|16|1975|5|19}}{{Nbsp}}
| rowspan="2" |ICS officer
|Executive Director at the [[World Bank]]
|
|-
|11
|[[N. C. Sen Gupta]]
|
|19 May 1975
|19 August 1975
|{{ayd|1975|5|19|1975|8|19}}{{Nbsp}}
|Banking Secretary
|
|-
|12
|[[K. R. Puri]]
|
|20 August 1975
|2 May 1977
|{{ayd|1975|8|20|1977|5|2}}{{Nbsp}}
|
|Chairman and managing director of the [[Life Insurance Corporation]]
|
|-
|13
|[[M. Narasimham]]
|
|3 May 1977
|30 November 1977
|{{ayd|1977|5|3|1977|11|30}}{{Nbsp}}
|Career Reserve Bank of India officer
|Deputy Governor of the Reserve Bank of India
|
|-
|14
|[[I. G. Patel]]
|[[File:I. G. Patel.jpg|frameless|90px]]
|1 December 1977
|15 September 1982
|{{ayd|1977|12|1|1982|9|15}}{{Nbsp}}
| rowspan="2" |Economist
|[[Director of the London School of Economics]] 
Deputy Administrator of the [[United Nations Development Programme]] 
[[Chief Economic Adviser to the Government of India]]
|
|-
|15
|[[Manmohan Singh]]
|[[File:Manmohan Singh.jpg|frameless|90px]]
|16 September 1982
|14 January 1985
|{{ayd|1982|9|16|1985|1|14}}{{Nbsp}}
|Secretary in the Ministry of Finance 
Chief Economic Adviser to the Government of India
|
|-
|16
|[[Amitav Ghosh (banker)|Amitav Ghosh]]
|
|15 January 1985
|4 February 1985
|{{ayd|1985|1|15|1985|2|4}}{{Nbsp}}
|Banker
|Deputy Governor of the Reserve Bank of India

Chairman of the [[Allahabad Bank]]
|
|-
|17
|[[R. N. Malhotra]]
|
|4 February 1985
|22 December 1990
|{{ayd|1985|2|4|1990|12|22}}{{Nbsp}}
|[[Indian Administrative Service]] (IAS) officer
|Finance Secretary

Executive Director at the International Monetary Fund
|
|-
|18
|[[S. Venkitaramanan]]
|
|22 December 1990
|21 December 1992
|{{ayd|1990|12|22|1992|12|21}}{{Nbsp}}
|IAS officer
|Finance Secretary
|
|-
|19
|[[C. Rangarajan]]
|[[File:The Chairman, Economic Advisory Council to the Prime Minister, Dr. C. Rangarajan addressing a press conference on ‘Economic Review 2012-13’, in New Delhi on April 23, 2013.jpg|frameless|90px]]
|22 December 1992
|21 November 1997
|{{ayd|1992|12|22|1997|11|21}}{{Nbsp}}
| rowspan="2" |Economist
|Deputy Governor of the Reserve Bank of India
|
|-
|20
|[[Bimal Jalan]]
|[[File:Bimal Jalan (cropped).jpg|frameless|90px]]
|22 November 1997
|6 September 2003
|{{ayd|1997|11|22|2003|9|6}}{{Nbsp}}
|Finance Secretary

Banking Secretary

Chief Economic Adviser to the Government of India
|
|-
|21
|[[Y. Venugopal Reddy]]
|[[File:The Governor of Reserve Bank of India, Shri Y.V. Reddy (cropped).jpg|frameless|90px]]
|6 September 2003
|5 September 2008
|{{ayd|2003|9|6|2008|9|5}}{{Nbsp}}
| rowspan="2" |IAS officer
|Executive Director at the International Monetary Fund

Deputy Governor of the Reserve Bank of India
|
|-
|22
|[[D. Subbarao]]
|[[File:The RBI Governor, Dr. D. Subbarao delivering a lecture on “Agriculture Credit – Accomplishment and Challenges” on the occasion of 30th anniversary of NABARD, in Mumbai on July 12, 2012.jpg|frameless|90px]]
|5 September 2008
|4 September 2013
|{{ayd|2008|9|5|2013|9|4}}{{Nbsp}}
|[[Finance Secretary]]

Member-Secretary of the [[Economic Advisory Council]] of the [[Prime Minister]]
|
|-
|23
|[[Raghuram Rajan]]
|[[File:Raghuram Rajan.jpg|frameless|90px]]
|4 September 2013
|4 September 2016
|{{ayd|2013|9|4|2016|9|4}}{{Nbsp}}
| rowspan="2" |Economist
|[[Chief Economic Adviser to the Government of India]]
[[List of IMF Economic Counsellors|Chief Economist of International Monetary Fund]]
|
|-
|24
|[[Urjit Patel]]
|[[File:Urjit Patel.jpg|frameless|90px]]
|4 September 2016
|10 December 2018
|{{ayd|2016|9|4|2018|12|11}}{{Nbsp}}
|Deputy Governor of the Reserve Bank
|
|-
|25
|[[Shaktikanta Das]]
|[[File:Shaktikanta Das, IAS.jpg|frameless|90px]]
|12 December 2018
|''Incumbent''
|{{ayd|2018|12|12}}{{Nbsp}}
|IAS officer
|Member of the [[Fifteenth Finance Commission|Fifteenth]]{{Nbsp}}[[Fifteenth Finance Commission|Finance Commission]]

[[Sherpa (emissary)|Sherpa]] of India to the [[G20]]

[[Economic Affairs Secretary]]

[[Revenue Secretary]]
|<ref>{{Cite web|url=https://www.livemint.com/Industry/mqqkVZgURWChvJbxq45E4H/Shaktikanta-Das-appointed-new-RBI-governor.html|title=Shaktikanta Das, who oversaw demonetization, is new RBI governor|last1=Prasad|first1=Gireesh Chandra|last2=Ghosh|first2=Shayan|date=11 December 2018|website=[[Livemint]]|publisher=Vivek Khanna|location=[[New Delhi]]/[[Mumbai]]|access-date=12 December 2018|last3=Gopakumar|first3=Gopika}}</ref><ref>{{Cite web|url=https://www.bloombergquint.com/business/shaktikanta-das-is-new-rbi-governor|title=Shaktikanta Das Is New RBI Governor|date=11 December 2018|website=[[BloombergQuint]]|others=BQ Desk|access-date=11 December 2018}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/industry/banking/finance/banking/shaktikanta-das-the-man-behind-gst-note-ban-now-heads-rbi/articleshow/67046113.cms|title=Shaktikanta Das: The man behind GST, note ban now heads RBI|date=11 December 2018|work=[[The Economic Times]]|access-date=11 December 2018|publisher=[[The Times Group]]|others=ET Online|oclc=61311680}}</ref>
|}

==References==

{{Reflist}}

==External links==
* {{URL|1=https://web.archive.org/web/20150317050907/http://www.rbi.org.in/History/Mis_Governors.html|2=Official RBI site's Governors page}}
* {{URL|1=https://www.rbi.org.in/Scripts/AboutUsDisplay.aspx?pg=PastGovernors.htm|2=Reserve Bank of India – About Us: List of Governors (Present one first)}}

{{Governors of Reserve Bank of India}}
{{Authority control}}

[[Category:Governors of the Reserve Bank of India|*]]
[[Category:Lists of office-holders in India|Governor of the Reserve Bank of India]]
[[Category:Lists of central bankers|India]]

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List of governors of the Reserve Bank of India