List of RBI Governors of India till now [UPDATED]

The Governor of the Reserve Bank of India plays a chief executive role in India’s central bank. He is the ex-officio chairperson of its Central Board of Directors. Indian Rupee currency notes, issued by the Reserve Bank of India (RBI). All Indian currency notes bear the governor’s signature. Since its establishment in 1935 by the British colonial government, the RBI has been governed by 24 governors. The term of office runs for three years. RBI was established on 1st April 1935, under the Reserve Bank of India Act, 1934. It was nationalised on 1st January 1949. The emblem of RBI is Panther and Palm tree. Its logo was derived from East India Company Double Mohur. It is a member bank of the Asian Clearing Union. A central board of directors controls it. There are 4 Deputy Governors, 2 Finance Ministry representatives, four directors to represent local boards headquartered at Mumbai, Kolkata, Chennai and New Delhi, ten government-nominated directors to describe essential elements from India’s economy along with Chief Governor In RBI(Reserve Bank of India).

C. D. Deshmukh was the first Indian governor. The bank’s 15th governor, Manmohan Singh, later became India’s 13th prime minister. The present governor of RBI is Shaktikanta Das, who took over from Urjit Patel on 12 December 2018.

List of governors of the Reserve Bank of India–

No. Officeholder Term start Term end Background
1. Osborne Smith 1 April 1935 30 June 1937 Banker
2. James Braid Taylor 1 July 1937 17 February 1943 ICS Officer
3. C. D. Deshmukh 11 August 1943 30 May 1949 ICS Officer
4. Benegal Rama Rau 1 July 1949 14 January 1957 ICS Officer
5. K. G. Ambegaonkar 14 January 1957 28 February 1957 ICS Officer
6. H. V. R. Iyengar 1 March 1957 28 February 1962 ICS Officer
7. P. C. Bhattacharya 1 March 1962 30 June 1967 Indian Audit and Accounts Service officer
8. Lakshmi Kant Jha 1 July 1967 3 May 1970 ICS Officer
9. B. N. Adarkar 4 May 1970 15 June 1970 Economist
10. Sarukkai Jagannathan 16 June 1970 19 May 1975 ICS Officer
11. N. C. Sen Gupta 19 May 1975 19 August 1975 ICS Officer
12. K. R. Puri 20 August 1975 2 May 1977
13. M. Narasimham 3 May 1977 30 November 1977 Career Reserve Bank of India officer
14. I. G. Patel 1 December 1977 15 September 1982 Economist
15. Manmohan Singh 16 September 1982 14 January 1985 Economist
16. Amitav Ghosh 15 January 1985 4 February 1985 Banker
17. R. N. Malhotra 4 February 1985 22 December 1990 IAS Officer
18. S. Venkitaramanan 22 December 1990 21 December 1992 IAS Officer
19. C. Rangarajan 22 December 1992 21 November 1997 Economist
20. Bimal Jalan 22 November 1997 6 September 2003 Economist
21. Y. Venugopal Reddy 6 September 2003 5 September 2008 IAS Officer
22. D. Subbarao 5 September 2008 4 September 2013 IAS Officer
23. Raghuram Rajan 4 September 2013 4 September 2016 Economist
24. Urjit Patel 4 September 2016 10 December 2018 Economist
25. Shaktikanta Das 12 December 2018 Incumbent IAS Officer

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