List of RBI Governors of India PDF: List of RBI Governors of India PDF!!! You may find information about the List of Governors of the Reserve Bank of India here. one of the key subjects for all competitive tests’ General Awareness sections. Competitive test candidates may find the PDF attachment to this post, which contains a list of the RBI governors of India pdf, more useful. Competitive tests are getting harder today. Today’s competitive exams are increasingly challenging due to the rising number of applicants. Passing a competitive exam is easy if you can pass the general knowledge portion of the test. The topic of static GK is the List of RBI Governors of India PDF. The List of RBI Governors of India PDF must be properly understood by candidates taking bank exams. All applicants who are attempting to qualify for banking examinations, UPSC, and even IAS would find this post to be helpful.
We first looked at the history, tasks, and responsibilities of the RBI before moving on to the List of RBI Governors of India PDF. The Hilton Young Commission’s recommendations served as the foundation for the creation of the Reserve Bank of India. On April 1, 1935, the British colonial administration established the Reserve Bank of India. Originally located in Calcutta (now Kolkata), the RBI’s Central Office was transferred to Bombay (now Mumbai) in 1937. Up until April 1947, the RBI also served as Burma’s (now Myanmar) central bank. The bank served as Pakistan’s central bank following the partition of India in August 1947 through June 1948. The RBI has been fully owned by the Government of India since its nationalization in 1949. Till now, 25 RBI governors are appointed.
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Reserve Bank of India Governor:Â
Reserve Bank of India governor is the chief executive of India’s central bank and the ex-officio chairperson of its Central Board of Directors. RBI acts as a  parent body for all other commercial banks in India, In India, Rupee currency notes which are issued by the Reserve Bank of India (RBI), bear the governor’s signature. The First Governor of RBI was the British banker Osborne Smith in 1935, while the First Indian governor of RBI was C. D. Deshmukh. Here you can know the complete RBI governors list, their functions, roles, selection, etc. It will be useful for the preparation of various competitive exams.
Functions of RBI:
The core functions of Reserve Bank of India are,
- Issue of Bank Notes
- Banker to Government
- Custodian of Cash Reserves of Commercial Banks
- Custodian of Country’s Foreign Currency Reserves
- Lender of Last Resort
- Monetary Policy
- Central Clearance and Accounts Settlement
- Controller of Credit
- Buying and selling of Government securities (gilt edge, treasury bills, etc) and trade bills.
These are the main functions of RBI governors. Also know about the selection process and RList of RBI governors of India PDF details here.
Page Contents
Appointment of RBI Governor:
Before going into the list of RBI governors of India PDF, candidates know about the selection process. The central government will elect the RBI governor. On the recommendation of the Finance minister, the PM of India will appoint the RBI governor.
Eligibility of RBI Governors:
The RBI act does not have mentioned any specific qualifications for the RBI governor. But the central government will choose a person who have eminent skills to steer the monitary policy. If we see the previous list of RBI governors of India PDF, most of them are in IAS cadres. Some persons are economists.
Role of RBI Governor:
Normally the tenure of RBI governor is 3 years. Some times it may be extended for 2 years. Here we have added the list of RBI governors of India PDF. Before that know about the roles and responsibilities of the RBI governor.
- To formulate the policies of RBI.
- The RBI governor is responsible for the interest rate controls on deposits and advances of our nation. However there is a certain limit in controlling this interest rate.
- Responsible for the regulation and administration of our financial system. Also to set parameters for the financial system. Without the permission of RBI governor, even a single rupee cannot be moved in the financial system.
- To facilitate the external trade and payment.
- To promote the development and maintenance of the foreign exchange market in India.
- Should monitor the issue and destruction of currency and coins that are not fit for the public circulation.
- To review the rules and regulations of RBI.
- To help and promote the functions that support the development of national objectives.
- Have to lead and supervise the primary co-operative banks (urban co-operative banks).
- To monitor and facilitate the credit flow in important sectors of nation such as agriculture, small scale industries, etc.
- The RBI governors should monitor all the poverty alleviation schemes of our country and to help in the poverty eradication.
These are the roles and responsibilities of the RBI governor. Now candidates know the complete list of RBI governors of India PDF here.
List of RBI Governors of India PDF:
Here is the list of 25 governors of the Reserve Bank of India and explained with the tenure. Read further to know the list of RBI governors of India PDF.
List of RBI Governors of India PDF |
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Name of Governor | Tenure | Term in office | Background |
Sir Osborne Smith | April 1, 1935 – June 30, 1937 | 2 years, 90 days | Banker |
Sir James Braid Taylor | July 1, 1937 – February 17, 1943 | 5 years, 231 days | Indian Civil Service (ICS) |
Sir C.D. Deshmukh | August 11, 1943 – June 30, 1949 | 5 years, 323 days | ICS officer |
Sir Bengal Rama Rau | July 1, 1949 – January 14, 1957 | 7 years, 197 days | ICS officer |
K.G. Ambegaonkar | January 14, 1957 – February 28, 1957 | 45 days | ICS officer |
H.V.R Lyengar | March 1, 1957 – February 28, 1962 | 4 years, 364 days | ICS officer |
P.C Bhattacharya | March 1, 1962 – June 30, 1967 | 5 years, 121 days | Indian Adult and Accounts Service officer |
Lakshmi Kant Jha | July 1, 1967 – May 3, 1970 | 2 years, 306 days | ICS officer |
B.N. Adarkar | May 4, 1970 – June 15, 1970 | 42 days | Economist |
Sarukkai Jagannathan | June 16, 1970 – May 19, 1975 | 4 years, 337 days | ICS officer |
N.C. Sen Gupta | May 19, 1975 – August 19, 1975 | 92 days | ICS officer |
K.R. Puri | August 20, 1975 – May 2, 1977 | 1 year, 255 days | |
M. Narasimham | May 3, 1977 – November 30, 1977 | 211 days | Career Reserve Bank of India officer |
I.G. Patel | December 1, 1977 – September 15, 1982 | 4 years, 288 days | Economist |
Manmohan Singh | September 16, 1982 – January 14, 1985 | 2 years, 120 days | Economist |
Amitav Gosh | January 15, 1985 – September 4, 1985 | 20 days | Banker |
R.N. Malhotra | February 4, 1985 – December 22, 1990 | 5 years, 321 days | Indian Administrative Service (IAS) officer |
S. Vpnldraramanan | December 22, 1990 – December 21, 1992 | 1 year, 365 days | IAS officer |
C. Rangarajan | December 22, 1992 – November 21, 1997 | 4 years, 334 days | Economist |
Bimal Jalan | November 22, 1997 – September 6, 2003 | 5 years, 288 days | Economist |
Y.V. Reddy | September 6, 2003 – September 5, 2008 | 4 years, 365 days | IAS officer |
D. Subbarao | September 5, 2008 – September 4, 2013 | 4 years, 364 days | IAS officer |
Raghuram G. Rajan | September 4, 2013 – September 4, 2016 | 3 years | Economist |
Urjit Ravindra Patel | September 4, 2016 – December 10, 2018 | 2 years, 98 days | Economist |
Shaktikanta Das | December 12, 2018 – to Present | 3 years, 76 days | IAS officer |
Deputy Governor of RBI:
The Deputy Governor of the Reserve Bank of India is the second most senior executive officer of RBI after its Governor. Since its establishment in1934 the RBI has had 63 deputy governors. The term of office runs for three years and in some cases, be extended for another two years. The list of deputy governors of RBI is tabulated below.
Name of Deputy Governor | Tenure | Term in Office | Background | |
James Braid Taylor | 1 April 1935 | 30 June 1937 | 2 years, 90 days | Civil Servant |
Sikandar Hayat Khan | 1 April 1935 | 20 October 1935 | 202 days | Politician |
Manilal Balabhai Nanavati | 21 December 1936 | 21 December 1941 | 5 years, 0 days | Freedom fighter |
C. D. Deshmukh | 22 December 1941 | 10 October 1943 | 1 year, 292 days | Indian Civil Service (ICS) officer |
Wajahat Hussain | 16 August 1943 | 04 December 1945 | 2 years, 49 days | ICS officer |
C.R. Trevor | 16 August 1943 | 31 December 1949 | 6 years, 137 days | ICS officer |
M.G. Mekhri | 08 July 1946 | 07 July 1951 | 4 years, 364 days | ICS officer |
W.T. McCallum | 15 April 1946 | 14 July 1948 | 2 years, 90 days | ICS officer |
N. Sundaresan | 01 January 1950 | 31 December 1954 | 4 years, 364 days | ICS officer |
Ram Nath | 08 June 1951 | 08 July 1959 | 8 years, 30 days | ICS officer |
K. G. Ambegaonkar | 01 March 1955 | 29 February 1960 | 4 years, 365 days | ICS officer |
Borra Venkatappaiah | 01 July 1955 | 28 February 1962 | 6 years, 242 days | Career Banker |
M.V. Rangachari | 01 March 1960 | 28 February 1965 | 4 years, 364 days | Career Banker |
Dattatreya Gopal Karve | 01 March 1962 | 29 February 1964 | 1 year, 365 days | Economist |
C.S. Divekar | 12 November 1962 | 11 November 1965 | 2 years, 364 days | Econimist |
M.R. Bhide | 29 February 1964 | 25 January 1967 | 2 years, 331 days | Economist |
B.K. Madan | 1 July 1964 | 31 January 1967 | 2 years, 214 days | Economist |
B. N. Adarkar | 16 June 1965 | 03 May 1970 | 4 years, 321 days | Economist |
A. Bakshi | 24 January 1967 | 08 September 1969 | 2 years, 227 days | Economist |
J.J. Anjaria | 1 February 1967 | 28 February 1970 | 3 years, 27 days | Economist |
P.N. Damry | 13 February 1967 | 15 March 1972 | 5 years, 31 days | Economist |
Rabindra Kishen Hazari | 27 November 1969 | 26 November 1977 | 7 years, 364 days | Economist |
V. V. Chari | 17 November 1970 | 30 November 1975 | 5 years, 13 days | Economist |
S.S. Shiralkar | 18 December 1970 | 25 July 1976 | 5 years, 220 days | Economist |
R.K. Sheshadri | 26 July 1973 | 25 July 1976 | 2 years, 365 days | Economist |
K.S. Krishnaswamy | 29 December 1975 | 31 March 1981 | 5 years, 92 days | Economist |
P.R. Nangia | 29 December 1975 | 15 February 1982 | 6 years, 48 days | Economist |
J.C. Luther | 04 January 1977 | 01 June 1977 | 148 days | Economist |
M. Ramakrishnayya | 04 January 1977 | 01 June 1977 | 148 days | Indian Administrative Service officer |
Amitav Ghosh | 21 January 1982 | 20 January 1992 | 9 years, 364 days | Career Banker |
C. Rangarajan | 12 February 1982 | 20 August 1991 | 9 years, 189 days | Career Banker |
M.V. Hate | 12 March 1982 | 11 March 1985 | 2 years, 364 days | Career Banker |
R.K. Kaul | 01 October 1983 | 30 September 1986 | 2 years, 364 days | Career Banker |
P.D. Ojha | 29 April 1985 | 28 April 1990 | 4 years, 364 days | Career Banker |
P.R. Nayak | 01 April 1987 | 31 March 1992 | 4 years, 365 days | Career Banker |
R. Janakiraman | 01 April 1987 | 31 March 1992 | 4 years, 365 days | Career Banker |
S.S. Tarapore | 30 January 1992 | 30 September 1996 | 4 years, 244 days | Career Banker |
D. R. Mehta | 11 November 1992 | 21 February 1995 | 3 years, 102 days | Economist |
S.P. Talwar | 07 November 1994 | 30 June 2001 | 6 years, 235 days | Economist |
R.V. Gupta | 02 May 1995 | 30 November 1997 | 2 years, 212 days | Economist |
Y. V. Reddy | 14 September 1996 | 31 July 2002 | 5 years, 320 days | Career Banker |
Jagdish Capoor | 01 January 1997 | 30 June 2001 | 4 years, 180 days | Career Banker |
Vepa Kamesam | 01 July 2001 | 23 December 2003 | 2 years, 175 days | Career Banker |
G P Muniappan | 01 July 2001 | 31 May 2003 | 1 year, 334 days | Career Banker |
Rakesh Mohan | 09 September 2002 | 10 June 2009 | 6 years, 274 days | Economist |
K J Udeshi | 10 June 2003 | 12 December 2005 | 2 years, 185 days | Career Banker |
V Leeladhar | 21 September 2004 | 08 December 2008 | 4 years, 78 days | Career Banker |
Shyamala Gopinath | 21 September 2004 | 08 December 2008 | 4 years, 78 days | Career Banker |
Usha Thorat | 10 November 2005 | 09 November 2010 | 4 years, 364 days | Career Banker |
Kamalesh Chandra Chakrabarty | 15 June 2009 | 25 April 2014 | 4 years, 314 days | Career Banker |
Subir Gokarn | 24 November 2009 | 31 December 2012 | 3 years, 37 days | Economist |
Anand Sinha | 19 January 2011 | 18 January 2014 | 2 years, 364 days | Career Banker |
Harun Rashid Khan | 04 July 2011 | 04 July 2016 | 5 years, 0 days | Career Banker |
Urjit Patel | 11 January 2013 | 04 September 2016 | 3 years, 237 days | Career Banker |
R Gandhi | 03 April 2014 | 02 April 2017 | 3 years, 237 days | Career Banker |
Subhash Sheoratan Mundra | 31 July 2014 | 30 July 2017 | 2 years, 364 days | Career Banker |
Viral Acharya | 23 January 2017 | 23 January 2019 | 2 years, 0 days | Career Banker |
N. S. Vishwanathan | 04 July 2016 | 31 March 2020 | 3 years, 271 days | Career Banker |
B.P. Kanungo | 03 April 2017 | 02 April 2021 | 3 years, 364 days | Career Banker |
Mahesh Kumar Jain | 22 June 2018 | Incumbent | 3 years, 248 days | Career Banker |
Michael Patra | 15 January 2020 | Incumbent | 2 years, 41 days | Career Banker |
M. Rajeshwar Rao | 09 October 2020 | Incumbent | 1 year, 139 days | Career Banker |
T. Rabi Sankar | 03 May 2021 | Incumbent | 298 days | Career Banker |
List of RBI Governors of India PDF Download
List of RBI Governors of India PDF: Some important Exam Point of View PointsÂ
1. Longest Tenure Governor of RBI – Benegal Rama Rao. (Total of 7 years, 197 day). He was the head of RBI from July 1, 1949, to January 14, 1957.
2. The shortest tenure – Amitabh Ghosh. He was head of RBI for 20 days from 15 January 1985 to 4 February 1985.
3. Manmohan Singh is the only Prime Minister who was the Governor of RBI (1982 – 1985).
5. KJ Udeshi was the First woman Deputy Governor of RBI.
6. RBI has launched a website named www.paisaboltahai.rbi.org.in. to raise awareness about fake notes in the market and the ways how they can prevent themselves.
7. Government of India(Ministry of Finance) is responsible for the minting of coins and printing of 1 rupee notes and not RBI.
Here we have provided the List of RBI Governors from the establishment of RBI still now. So aspirants shall utilize this article and prepare for your exams.
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FAQs:
Q. Who was the first Governor of RBI?
The first Governor of RBI was Sir Osborne Smith.
Q. Who is the current Governor of RBI?
Shaktikanta Das is the current Governor of RBI.
 Q. When was RBI established?
RBI was established on 1st April 1935 under the RBI Act, 1934.
Q. What is the main function of RBI?
The main function of RBI is forming the monetary policy.