RBI

List of RBI Governors of India PDF: From 1935 to Still Now Download Here

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:

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.

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
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 Points

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.

This post was last modified on September 26, 2022 5:50 pm

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