List of RBI Governors of India 2022 PDF Download: Check Here

List of RBI Governors of India 2022 PDF Download: We provide you the information about the List of RBI Governors of India. Before moving on to the List of RBI Governors of India we will discuss the RBI Bank and the role of Governor of RBI India. We do provide the List of RBI Governors of India PDF downloads and the candidates can download it for further reference. The India List of RBI Governors of India pdf has been attached to this article and the aspirants appearing for all competitive exams found it to be more useful. The competitive exams are becoming tougher these days. As the number of aspirants applying for competitive exams becomes high making the competitive exams tougher nowadays. Clearing a competitive exam becomes easy when you can clear the general knowledge section. Static GK revolves around the topic of the List of RBI Governors of India. The candidates appearing for bank exams must know all details about the List of RBI Governors of India. This article will be useful for all the candidates applying for banking exams, UPSC, and even IAS. Many of you have queries about who is the first governor of the reserve bank of India? Who is the first governor of RBI after Independence in India? get to know the answers to these questions in this article. We are here to support you with the List of RBI Governors of India 2022. On continuous preparation, you can easily answer questions regarding the List of RBI Governors of India 2022.

 

List of RBI Governors of India PDF Download:

Reserve Bank of India:

The Reserve Bank of India (RBI) is the central bank of India, which was established on Apr. 1, 1935, under the Reserve Bank of India Act but it was nationalized in 1949 The Reserve Bank of India uses monetary policy to create financial stability in India, and it is charged with regulating the country’s currency and credit systems. It is located in Mumbai, the RBI governs the working of other banks and serves the financial market in many ways. The bank sets the overnight interbank lending rate. 

The main purpose of the RBI is to conduct consolidated supervision of the financial sector in India, which is made up of commercial banks, financial institutions, and non-banking finance firms. Initiatives adopted by the RBI include restructuring bank inspections, introducing off-site surveillance of banks and financial institutions, and strengthening the role of auditors.

 

RBI Governor of India:

The Governor of the Reserve Bank of India is the 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 Government of India, the RBI has been headed by twenty-five governors. The Governor of the Reserve Bank of India is a member of the Strategic Policy Group headed by National Security Advisor,  Ajit Doval. It is a crucial wing of the National Security Council. The term of office typically runs for three years and can, in some cases, be extended for another two years. The Governor of RBI is appointed by the PMO (Prime Minister Office) on the recommendation of the Union Finance Minister.

 

Role of RBI Governor:

Here are some duties which are generally performed by the RBI Governors.

  • The powers of the governors include Banker’s banker, heads all the commercial banks, influence on micro and macro economies, control over the stock market, signatures on currency notes, and control over monetary, currency, and credit system.
  • The RBI governors are responsible for maintaining the monetary stability in an economy. Thus, plays an important role in formulating the policies of the Reserve Bank of India.
  • The responsibility for issuing licenses to open new foreign and private banks is also headed by the governor of RBI.
  • The power to control the interest rates on advances and deposits of the country is vested upon the governors. However, the scope of this power is limited to prescribing minimum lending rates and interest rates on savings accounts.
  • The financial system of the nation is regulated and administered by the Governor and only sets the parameters within which the whole financial system functions.
  • The Governor of RBI manages the external trade and payment also promotes orderly development and maintenance of the foreign exchange market in India which comes under the foreign exchange management act, 1999.
  • Monitoring of adequate quantities of currency notes and coins supply in the country and the issuance and destruction of currency are not fit for circulation in public.
  • RBI Governor also keeps a check on rules and regulations to make them more customer-friendly.
  • Through Urban Bank Departments RBI governor leads and supervises primary co-operative banks.
  • Furthermore, RBI Governor also has a part to play in facilitating and monitoring the flow of credit to small-scale industries, rural, and agricultural sectors. The responsibility for regulating state cooperative banks, regional rural banks, and various local area banks.

The RBI Governors perform many more functions as the central bank of India.

 

List of RBI Governors of India PDF Download:

Candidates can check the List of RBI Governors of India details by downloading the List of RBI Governors of India pdf provided below. Utilize this List of RBI Governors of India pdf for static GK preparation. The updated List of RBI Governors of India pdf 2022 is provided below.

 

List of RBI Governors of  India PDF 2022 

 

List of RBI Governors of India:

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 governors of RBI.

 

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

 

The first governor of Reverse Bank of India and the inaugural officeholder was the British banker Sir, Osborne Smith (April 1, 1935 - June 30, 1937). Before he was the managing Governor of the Imperial Bank of India. The first governor of RBI after Independence was Sir C.D. Deshmukh ( 11 August 1943 - 30 June 1949) and he was an IAS officer before joining RBI.  Sir Benegal Rama Rau (July 1, 1949 -January 14, 1957) was the longest-serving governor, holding office for over seven years. Amitav Ghosh's ( January 15, 1985 – September 4, 1985) 20-day term is the shortest. 

Shaktikanta Das is the twenty-fifth governor of the Reserve Bank of India from 12 December 2018. He is the current governor of RBI. Shaktikanta Das is a retired 1980 batch Indian Administrative Service (IAS) officer of Tamil Nadu cadre. He was earlier a member of the Fifteenth Finance Commission.

 

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

 

The first deputy governor of Reverse Bank of India and the inaugural officeholder James Braid Taylor (1 April 1935 - 30 June 1937) and he was worked as Civil Servant before joining RBI. K J Udeshi holds the unique distinction of becoming the first female deputy governor of the Reserve Bank of India. The current deputy governors of the Reserve Bank of India are Mahesh Kumar Jain, Michael Patra, M.Rajeshwar Rao and now T. Rabi Sankar joins the club of Deputy governors of RBI of India.

 

List of RBI Governors of India PDF Download: FAQs

Q. Who is the current Governor of the Reserve Bank of India?

Shaktikanta Das is the current Governor of the Reserve Bank of India. He replaced Urjit Ravindra Patel and got appointed at the post on December 12, 2018.

 

Q.How many governors does RBI have in India?

The Government Of India appoints the head of RBI who is referred to as governor. So far RBI has had 25 governors.

 

Recent Posts

IBPS RRB Topic Wise Weightage: For PO And Clerk - Prelims And Mains Exams

Jun 27 2022

IBPS RRB Exam Date 2022 Application Form: Check For IBPS RRB PO And Clerk Exams

Jun 27 2022

IBPS RRB Details 2022: Check Full Form, Meaning, List Of Regional Rural Banks In India

Jun 27 2022

Don’t Miss Any Update

Enter the valid e-mail id and subscribe to Guidely to get the latest updates on all job notifications, Study Materials, Mock Tests and our new launches.