List of Governors of Reserve Bank of India
Governor of Reserve Bank of India | |
---|---|
Appointer | Government of India |
Inaugural holder | Osborne Smith |
Formation | 1 April 1935 |
The Governor of the Reserve Bank of India is the chief executive of India's central bank and the ex-officio chairperson of its Central Board of Directors. Indian Rupee currency notes, issued by the Reserve Bank of India (RBI), bear the governor's signature. Since its establishment in 1935 by the British colonial government, the RBI has been headed by 24 governors. The term of office typically runs for 3 years.
The inaugural officeholder was the British banker Osborne Smith, while C. D. Deshmukh was the first Indian governor. The bank's 15th governor, Manmohan Singh, later became India's 13th prime minister. The position is currently held by Urjit Patel, who took over from Raghuram Rajan on 4 September 2016.
RBI governors
![](../I/m/I._G._Patel.jpg)
I. G. Patel served a five-year term as RBI governor from 1977 to 1982.
![](../I/m/IBSA-leaders_Manmohan_Singh.jpg)
Manmohan Singh, RBI governor for two years in the 1980s, went on to serve one five-year term as finance minister and two as prime minister.
![](../I/m/Duvuri.jpg)
D. Subbarao served his five-year term as RBI governor under Prime Minister Manmohan Singh.
![](../I/m/Raghuram_Rajan%2C_IMF_69MS040421048l.jpg)
Raghuram Rajan, formerly chief economist of the International Monetary Fund, was India's central banker between 2013 and 2016.
No. | Name | Term of office | ||
---|---|---|---|---|
Began | Ended | Length | ||
1 | Osborne Smith[1] | 1 April 1935 | 30 June 1937 | 2 years, 90 days |
2 | James Braid Taylor[2] | 1 July 1937 | 17 February 1943 | 5 years, 231 days |
3 | C. D. Deshmukh | 11 August 1943 | 30 June 1949 | 5 years, 323 days |
4 | Benegal Rama Rau | 1 July 1949 | 14 January 1957 | 7 years, 197 days |
5 | K. G. Ambegaonkar | 14 January 1957 | 28 February 1957 | 45 days |
6 | H. V. R. Iyengar | 1 March 1957 | 28 February 1962 | 4 years, 364 days |
7 | P. C. Bhattacharya | 1 March 1962 | 30 June 1967 | 5 years, 121 days |
8 | L. K. Jha | 1 July 1967 | 3 May 1970 | 2 years, 306 days |
9 | B. N. Adarkar | 4 May 1970 | 15 June 1970 | 42 days |
10 | S. Jagannathan | 16 June 1970 | 19 May 1975 | 4 years, 337 days |
11 | N. C. Sen Gupta | 19 May 1975 | 19 August 1975 | 92 days |
12 | K. R. Puri | 20 August 1975 | 2 May 1977 | 1 year, 255 days |
13 | M. Narasimham | 3 May 1977 | 30 November 1977 | 211 days |
14 | I. G. Patel | 1 December 1977 | 15 September 1982 | 4 years, 288 days |
15 | Manmohan Singh | 16 September 1982 | 14 January 1985 | 2 years, 120 days |
16 | Amitav Ghosh | 15 January 1985 | 4 February 1985 | 20 days |
17 | R. N. Malhotra | 4 February 1985 | 22 December 1990 | 5 years, 321 days |
18 | S. Venkitaramanan | 22 December 1990 | 21 December 1992 | 1 year, 365 days |
19 | C. Rangarajan | 22 December 1992 | 21 November 1997 | 4 years, 334 days |
20 | Bimal Jalan | 22 November 1997 | 6 September 2003 | 5 years, 288 days |
21 | Y. V. Reddy | 6 September 2003 | 5 September 2008 | 4 years, 365 days |
22 | D. Subbarao | 5 September 2008 | 4 September 2013 | 5 years |
23 | Raghuram Rajan | 4 September 2013 | 4 September 2016 | 3 years, 0 days |
24 | Urjit Patel | 4 September 2016 | Incumbent | 2 years, 38 days |
References
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