The Reserve Bank of India (RBI) is India’s Central Banking Institution, which controls the monetary policy of the Indian rupee.
• Started: 1 April 1935 under RBI Act 1934
• Nationalized: 1 January 1949
• India Govt. is the biggest borrower of RBI.
• It was established on recommendation of Hilton Young Commission.
• It is statutory body and its accounting year is from July to June.
Shaktikanta Das has become 25th governor of Reserve Bank Of India(RBI) from December 2018.
Shaktikanta Das
GOVERNORS OF RBI TILL NOW (2018)
C.D. Deshmukh was the first Indian Governor. The Bank’s 15th governor, Manmohan Singh, would go on to become India’s 13th Prime Minister.
Sr. No. | RBI Governors | Began | Ended |
1 | Sir Osborne Smith | 1-Apr-35 | June 30, 1937 |
2 | Sir James Braid Taylor | 1-Jul-37 | February 17, 1943 |
3 | Sir C.D. Deshmukh | 11-Aug-43 | June 30, 1949 |
4 | Sir Bengal Rama Rau | 1-Jul-49 | January 14, 1957 |
5 | K.G. Ambegaonkar | 14-Jan-57 | February 28, 1957 |
6 | H.V.R Lyengar | 1-Mar-57 | February 28, 1962 |
7 | P.C Bhattachaiya | 1-Mar-62 | June 30, 1967 |
8 | L.K. Jha | 1-Jul-67 | May 3, 1970 |
9 | B.N. Adarkar | 4-May-70 | June 15, 1970 |
10 | S. Jagannathan | 16-Jun-70 | May 19, 1975 |
11 | N.C. Sen Gupta | 19-May-75 | August 19, 1975 |
12 | K.R. Puri | 20-Aug-75 | May 2, 1977 |
13 | M. Narasimham | 3-May-77 | November 30, 1977 |
14 | I.G. Patel | 1-Dec-77 | September 15, 1982 |
15 | Manmohan Singh | 16-Sep-82 | January 14, 1985 |
16 | Amitav Gosh | 15-Jan-85 | September 4, 1985 |
17 | R.N. Malhotra | 4-Feb-85 | December 22, 1990 |
18 | S. Vpnldraramanan | 22-Dec-90 | December 21, 1992 |
19 | C. Rangarajan | 22-Dec-92 | November 21, 1997 |
20 | Bimal Jalan | 22-Nov-97 | September 6, 2003 |
21 | Y.V. Reddy | 6-Sep-03 | September 5, 2008 |
22 | D. Subbarao | 5-Sep-08 | September 4, 2013 |
23 | Raghuram G. Raj an | 4-Sep-13 | September 4, 2016 |
24 | Urjit Ravindra Patel | 4-Sep-16 | December 10,2018 |
25 | Shaktikanta Das | December 11,2018 | Incumbent |
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