List of RBI Governors of India 2023-24 PDF Download: We provide you the information about the List of RBI Governors of India in this List of RBI Governors of India 2023 24 article. Before moving on to the List of RBI Governors of India we will discuss the RBI Bank and the role of the Governor of RBI India. We do provide the List of RBI Governors of India 2023 PDF downloads and the candidates can download this List of RBI Governors of India 2023 PDF for further reference. The India List of RBI Governors of India 2023 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 has become high making 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 2023 24. The candidates appearing for bank exams must know all the details about the List of RBI Governors of India 2023 24. This List of RBI Governors of India 2023 24 will be useful for your preparation for the general awareness section of the bank and other competitive exams. RBI consists of 1 Governor, 4 Deputy Governors, 14 Directors, and 2 government officers. This List of RBI Governors of India 2023 article will be useful for all 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 was the first governor of RBI after the independence in India? get to know the answers to these questions by exploiting this List of RBI Governors of India 2023 article and List of RBI Governors of India 2023 PDF. We are here to support you with the List of RBI Governors of India 2023 24. On continuous preparation, you can easily answer questions regarding the List of RBI Governors of India 2023. This article provides you with the details of governor of RBI is appointed by, governor of RBI 2023 24, governor of RBI list, governor of RBI of India, governor of RBI present, governor of RBI bank, governor of RBI current, list of governor of rbi pdf, list of deputy governor of rbi, list of rbi governor of India pdf download, how many deputy governor does rbi have, governor of reserve bank of India 2023 24, deputy governor of rbi 2023 list, current governor of rbi 2023 24, new deputy governor of rbi 2023 24, and four deputy governor of rbi 2023 24. So make the best use of this List of RBI Governors of India 2023 article for your upcoming government exams preparation and download List of RBI Governors of India 2023 pdf for your reference in the future. 

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List of RBI Governors of India

Let us have a look at the detailed information of the Reserve Bank of India and the list of RBI Governors of India in this List of RBI Governors of India 2023 24 article. 

Reserve Bank of India

The Reserve Bank of India (RBI) is the central bank of India, which was established on April 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, and 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's Office) on the recommendation of the Union Finance Minister.

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RBI Governors Eligibility

Initially, RBI Governors were a part of Indian Civil services but any individual who holds a Graduate degree/ Post Graduate/ Chartered Accountant can become a Governor of RBI provided that he had worked in any of the following institutions:

• IMF/ World Bank.
• Chairman or General Manager of a Bank.
• Reputed Financial or Banking organization.
• Ministry of Finance (GOI)

Other than the above any citizen who is 35 years or above than that is eligible. He must not be a member of the Parliament/State Legislature also he must not hold any other office for profit.

Role of RBI Governor - RBI Governors' Responsibilities

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
  • Influencing micro and macro economies
  • Control over the stock market
  • Signatures on currency notes and
  • Control over the monetary, currency, and credit system.

• The RBI governors are responsible for maintaining the monetary stability of 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 and also promotes orderly development and maintenance of the foreign exchange market in India which comes under the foreign exchange management act, of 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 than the central bank of India.

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RBI Governors Tenure

The tenure of an RBI governor as specified in the constitution is three years however it can be extended for two more years. The Governor can be terminated in two cases and they are as follows:

• If dismissed by the President.
• Resignation is submitted by the Governor to the President.

List of RBI Governors of India 2023 PDF Download

Candidates can check the List of RBI Governors of India 2023 24 details by downloading the List of RBI Governors of India 2023 pdf provided below. Utilize this List of RBI Governors of India 2023 pdf for static GK preparation. The updated List of RBI Governors of India pdf 2023 24 is provided below.

List of RBI Governors of  India PDF 2023 24 

List of RBI Governors of India From 1935 To 2023

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.

List of RBI Governors of India From 1935 To 2023
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 the 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 the Tamil Nadu cadre. He was earlier a member of the Fifteenth Finance Commission.

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Deputy Governor of RBI List

The Deputy Governor of the Reserve Bank of India is the second most senior executive officer of RBI after its Governor. Since its establishment in 1934, 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 in this List of RBI Governors of India 2023 post.

Deputy Governor of RBI List
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	Economist
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	26 June 2023	5 years, 26 days	Career Banker
Michael Patra	15 January 2020	Incumbent	3 years, 184 days	Career Banker
M. Rajeshwar Rao	09 October 2020	Incumbent	2 years, 282 days	Career Banker
T. Rabi Sankar	03 May 2021	Incumbent	2 years, 76 days	Career Banker
Swaminathan Janakiraman	26 June 2023	Incumbent	22 days	Career Banker

The first deputy governor of the Reserve Bank of India and the inaugural officeholder James Braid Taylor (1 April 1935 - 30 June 1937) and he was worked as a 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 Michael Patra, M. Rajeshwar Rao, T. Rabi Sankar and now Swaminathan Janakiraman joins the club of Deputy governors of RBI of India. So these are the important information about the list of RBI Governors of India 2023, and Deputy Governors of RBI List, so candidates who are preparing for the banking examinations should be familiar with the List of RBI Governors of India 2023 and Deputy Governors of India List which are provided detailly in this List of RBI Governors of India 2023 article. You can also download the list of RBI Governors of India 2023 pdf for your future reference. 

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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 was appointed to 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 the governor. So far RBI has had 25 governors.