List of Governors of RBI (Reserve Bank of India) with Images and Pictures
The governor of Reserve bank of India is also known as the chief executive of Central Bank of India. RBI always issues the currency of the India which is known as rupees where you always get the signature of the current Governor. RBI was established since 1935 under British colonial government. Till now Reserve bank of India has been appointed 23 governors. Normally the working period of a Governor is 3 years but it can be extended. At the very beginning two British governors are there for RBI those who are like Sir Osborne Arkell Smith and Sir James Braid Taylor. Sir Osborne Arkell Smith was joined RBI in 1st April 1935 and worked as Governor till 30th June 1937. Then Sir James Braid Taylor joined in 1 July 1937 and worked till 17th February 1943.
After that the 1st Indian governor of RBI was appointed in 11th August 1943 who was Sir CD Deshmukh. So let’s know details regarding every Indian Governors of Reserve Bank of India till now.
Table of Contents
- 1 Sir Osborne Arkell Smith (1 April 1935 to 30 June 1937)
- 2 Sir James Braid Taylor (1 July 1937 to 17 February 1943)
- 3 Sir C.D. Deshmukh (11 Aug 1943 – 30 June 1949)
- 4 Sir Benegal Rama Rau (01-07-1949 to 14-01-1957)
- 5 K.G. Ambegaonkar (14-01-1957 to 28-02-1957)
- 6 H.V.R. Iyengar (01-03-1957 to 28-02-1962)
- 7 P.C. Bhattacharya (March 1, 1962 to June 30, 1967)
- 8 L.K. Jha (July 1, 1967 to May 3, 1970)
- 9 B.N. Adarkar (May 4, 1970 to June 15, 1970)
- 10 S. Jagannathan (June 16, 1970 to May 19, 1975)
- 11 N.C. Sen Gupta (May 19, 1975 to August 19, 1975)
- 12 K.R. Puri (August 20, 1975 to May 2, 1977)
- 13 M. Narasimham (May 2, 1977 to November 30, 1977)
- 14 Dr. I.G. Patel (December 1, 1977 to September 15, 1982)
- 15 Dr. Manmohan Singh (September 16, 1982 to January 14, 1985)
- 16 A. Ghosh (January 15, 1985 to February 4, 1985)
- 17 RN Malhotra (February 04,1985 to December 22, 1990)
- 18 S.Venkataramanan (December 22, 1990 to December 21, 1992)
- 19 C. Rangarajan (December 22, 1995 to November 22, 1997 and December 22, 1992 to December 21, 1995)
- 20 Dr.Bimal Jalan (November 22, 1997 to September 5, 2003)
- 21 Dr.YV Reddy (September 6, 2003 to September 5, 2008)
- 22 Dr. D. Subbarao (September 5, 2008 to September 4, 2011 and September 5, 2011 to September 4, 2013)
- 23 Dr. Raghuram Rajan (September 4, 2013 to September 4, 2016)
- 24 Dr. Urjit R. Patel (September 4, 2016 to till date)
Sir Osborne Arkell Smith (1 April 1935 to 30 June 1937)
Osborne Smith was the very first Governor of the Reserve Bank of India.
Smith was a professional banker with enormous experience of 20 years with the Bank of New South Wales. He also served with the Commonwealth Bank of Australia for 10 years. He was called to India in the year 1926 as Managing Governor of the Imperial Bank of India. He was knighted and given the honor to be called as Sir in March 1929 by the then Governor General of India, Lord Irwin.
Sir Osborne was not able to sign any of Indian rupee notes during his tenure as the first governor of RBI.
Sir James Braid Taylor (1 July 1937 to 17 February 1943)
Sir James was the 2nd Governor of the Reserve Bank of India. He took the office as the governor general of Reserve Bank of India from 1 July 1937 until his death on 17 February 1943. He succeeded Sir Osborne Smith who was the Governor from 1 April 1935 to 30 June 1937. Sir Taylor also served as the member of the Indian Civil Service and served there as a Deputy Controller in the Currency Department of the Government of India for more than a decade.
Sir C.D. Deshmukh (11 Aug 1943 – 30 June 1949)
Sir Chintaman Dwarakanath Deshmukh was born on 14th January 1896 in Maharashtra. He was completed his schooling career at Elphinstone High school Bombay. He served in Union Cabinet as the Finance Minister from 1950 to 1956. After the resignation from union cabinet he just joined UGC as chairman from 1956 to 1961. They he worked as Vice-chancellor of Delhi University from 1962 to 1967. He was also the president of Indian statistical Institute and worked there from 1945 to 1964. He also achieved one of the prestigious awards which is known as Padma Vibushan in 1975. He is well known as the first Indian Governor of Reserve Bank of India and worked as Governor from 11th August 1943 to 30th June 1949.
Sir Benegal Rama Rau (01-07-1949 to 14-01-1957)
Sir Benegal Rama Rau was born on 1st July 1889. He was the fourth and the second Indian who was appointed as Reserve Bank of India governor. He worked as RBI governor from 1st July 1949 to 14th January 1957. He joined Indian Civil service in 1919 and appointed as CIE in 1930. He completed his education from Presidency College Madras and Kings College, Cambridge. He worked as secretary during the round table conference which is a historical conference in the history of India. He was the member of joint select committee of Parliament of Indian bill in 1931-1934. He died on 13th December 1969 at the age of 80.
K.G. Ambegaonkar (14-01-1957 to 28-02-1957)
K.G Ambegaonkar is known as the third Indian Governor of the Reserve bank of India. He was a member of Indian Civil service and appointed as the finance secretary. His working period as Governor of RBI was very short. He worked from 14th January 1957 to 28th February 1957.
H.V.R. Iyengar (01-03-1957 to 28-02-1962)
H.V.R Iyengar was born in 1902 and he is known as the 4th Indian RBI governor. He worked from 1st March 1957 to 28th February 1962. He was also a member of Indian Civil service. He also achieved many awards in his working days. He was died in 22nd February 1978.
P.C. Bhattacharya (March 1, 1962 to June 30, 1967)
Paresh Chandra Bhattacharya was born in 1st march 1903. He is known as the 5th Indian Reserve Bank of India governor. His working period was from 1st march 1962 to 30th June 1967. He was a member of IA & As which is known as Indian Audits and Accounts Service. In 1946 he was appointed as the officier of the order of the British Empire. He has good experience in the working field of finance ministry as secretary position. After that he worked as the Chairman of State Bank of India.
L.K. Jha (July 1, 1967 to May 3, 1970)
L.K. Jha who is also known as Lakshmi Kant Jha was born in 22nd November 1913 in Bhagalpur Bihar. He was the 6th indian governer of Reserve Bank of India. His working period as a governor was from 1st July 1967 to 3rd May 1970. He was a popular member of Indian Civil Service of batch 1936. He completed his graduation from BHU and then joined Cambridge University and London school of Economics for higher study. He was also the governor of Jammu and Kashmir State from 3rd July 1973 to 22nd February 1981.
B.N. Adarkar (May 4, 1970 to June 15, 1970)
B.N. Adarkar was born in 18th May in 1910. He is known as the 7th Indian Governor of Reserve Bank of India. His working period was the second lowest after Amitav Ghosh. He just worked 42 days as governor of RBI. His working period was from 4th may 1970 to 15th June 1970. He was a great economist and also a member of Indian Civil Service. He severed as economic adviser of Indian government for many years. In 1946 he was appointed as order of the British Empire. As his working period was very short you will never find his signature in any Indian currency. He was died in 2oth march 1998 at almost 88 years old.
S. Jagannathan (June 16, 1970 to May 19, 1975)
S.Jagannathan was born in 18th May 1914. His full name was Sarukkai Jagannathan and he is well known as the 8th Indian Governor of Reserve bank of India. His working period as governor was from 16th June 1970 to 19th May 1975. His education was completed in Presidency college of Madras. He was a member of Indian Civil Service. He was also the India’s executive direct at the World Bank.
N.C. Sen Gupta (May 19, 1975 to August 19, 1975)
N.C.Sen Gupta was the 9th Indian, who worked as governor of RBI. His working period was from 19th may 1975 to 19th August 1975. Before that he was the secretary to the Department of Banking of thee Ministry of Finance. It’s true that his working period was too short but you can easily find his signature on Indian 1000 rupees denomination. This is the only Indian note where you can see his signature as governor of RBI.
K.R. Puri (August 20, 1975 to May 2, 1977)
K.R.Puri was the 10th Indian who appointed as governor of RBI. His working period was from 20th August 1975 to 21st May 1977. Before that he was the Chairman and managing director of the Life Insurance Corporation of India. His signature was appeared on 1000 rupees note which are demonetized in 1978 and after that again re introduced in the year 2000 under Dr.Bimal Jalan.
M. Narasimham (May 2, 1977 to November 30, 1977)
Maidavolu Narasimham was born in 1927 and known as the 11th Indian governor of RBI. His working period as governor in RBI was from 2nd May 1977 to 30th November 1977. He belongs from Andhra Pradesh state. He was the first Reserve bank cadre who was appointed as governor. He was very good in economics and that’s the reason he had joined as the economic research officer in this particular field. He was also worked as secretary of the department of economics affairs. He has better experience in executive director post of World Bank. In the year of 2000 he was awarded by one of the most prestigious award which is known as Padma Vibhushan.
Dr. I.G. Patel (December 1, 1977 to September 15, 1982)
Dr. Indraprasad Gordhanbhai Patel was born on 11th November 1924 in Vadodara Gujarat, . He was the 12th Indian governor of RBI. His working period was from 1st December 1977 to 15th September 1982. He was the first person of South Asian group who did his education in UK in London school of economics. He was very intelligent and expert in economics sector. He was died in 17th July 2005. He was a professor of economics in London school of economics.
Dr. Manmohan Singh (September 16, 1982 to January 14, 1985)
Dr.Manmohan Singh was born on 26th September 1932. He is a great economist and also the former prime minister of India. He is also known as the 13th Indian governor of RBI. His working period as governor was from 16th September 1982 to 14th January 1985. He was born in Gah which is now in Pakistan. Currently he is in Indian National congress political party. He is a popular bureaucrat and economist. In 1972, Manmohan Singh was appointed as the chief economic advisor of International trade. He was also a professor of international trade at Delhi school of economics.
A. Ghosh (January 15, 1985 to February 4, 1985)
A.Ghosh is a famous Indian banker also known as the 14th Indian governor of RBI. His working period was only for 20 days. He appointed as governor of RBI in 15th January 1985. His working term was the shortest than any other RBI governor. Before governor he was the chairman of Allahabad Bank. He was also known as the director of IDBI Bank.
RN Malhotra (February 04,1985 to December 22, 1990)
Ram Narain Malhotrawho is also known as RN Malhotra was born in 1926. He was the 15th Indian governor of RBI. He served as governor from 4th February 1985 to 22nd December 1990. He was a member of Indian Administrative Service. He served as executive director on International Monetary Fund. During his working period 500 notes was introduced so you can find his signature on those notes. In 1990 he was awarded with the respected Padma Bhushan. His wife Anna Rajam Malhotra was the first women member of Indian Administrative Service.
S.Venkataramanan (December 22, 1990 to December 21, 1992)
S.Venkitaramanan was the 16th Indian governor of RBI. His working period as governor was from 22nd December 1990 to 22nd December 1992. Before that, he was the finance ministry secretary from 1985 to 1989. Venkitaramanan was born in Tamil Nadu in a Tamillyer family. He completed his Master degree in Physics from University College Thiruvananthapuram. He was also a member of Indian Administrative Service. He was served as the finance secretary and advisor of KARNATAK Government.
C. Rangarajan (December 22, 1995 to November 22, 1997 and December 22, 1992 to December 21, 1995)
Chakravarti Rangarajan or commonly known as C. Rangarajan is an Ex-Governor of Reserve Bank of India. Apart from this identity, he is a popular Indian economist as well as a former and distinguished Member of Parliament.
Born in the year 1932, C. Rangarajan had graduated commerce from Loyola College, University of Madras. In the year 1964, he received his PhD in Economics from University of Pennsylvania.
He has also worked as Chairman of the Prime Minister’s Economic Advisory Council as well as President of Indian Statistical Institute, Chairman of the Madras School of Economics, etc.
Rangarajan worked as Deputy Governor at RBI from 1982-1991 and worked as Governor at RBI from 22nd December 1992- 21st December 1997.
Dr.Bimal Jalan (November 22, 1997 to September 5, 2003)
Dr.Bimal Jalan is one of former Governors of RBI. He also is a nominated member of Rajya Sabha working from 2003-2009.
Dr.Bimal Jalan had graqduated from Presidency College, Kolkata and had later attended Cambridge and Oxford. During his working period, Jalan had held several advisory and administrative positions in Indian government.
Dr.Bimal Jalan was appointed as the Governor of RBI twice. He was first appointed as the Governor on 22nd November 2000 that continued to 21 November 2002. The second term period again continued for two years which commenced from 22nd November 2002 and ended on 21st November 2004. Indian Rupee with 1000 denomination was introduced during his tenure.
Dr.Bimal Jalan is author to many popular books. He worked as Chief Economic Adviser in the year 1980s.
Dr.YV Reddy (September 6, 2003 to September 5, 2008)
Dr.YV Reddy or Dr.Yaga Venugopal Reddy is an IAS officer from the 1964 batch. He has served RBI as the 21st Governor from 6th September 2003 to 5th September 2008.
Dr. Y. V Reddy is awarded with the Padma Vibhushan award which is the second highest civilian honour in the country. Dr. Y. V Reddy was born on 17th August in the year 1941. Dr. Y. V Reddy had passed his 10th examination in Bellary, Karnataka.
He pursued his M.A in economics from Madras University. He received his PhD from Osmania University, Hyderabad. Reddy also holds Diploma in Economic Planning from the Institute of Social Studies.
In the year 1996 he was appointed as the deputy governor of RBI. Before commencing his services as an IAS officer, he was working as a lecturer from 1961.
Dr. D. Subbarao (September 5, 2008 to September 4, 2011 and September 5, 2011 to September 4, 2013)
Dr. D.Subbarao or Duvvuri Subbarao was the 22nd Governor of RBI. He is a popular Indian economist. He is also known as a Central Banker as well as a Civil servant. Dr. D.Subbarao is an IAS officer from 1972 batch from Andhra Pradesh cadre.
His services as Governor of RBI commenced from 5th September 2008 till 4th September 2013 with an extension.
Dr. D.Subbarao was born on 11th August in the year 1949 at Eluru, Andhra Pradesh. He completed his schooling from Sainik School at Korukonda, Andhra Pradesh. He graduated in Physics at IIT- Kharagpur, with BSc Hons in the year 1969. He received his MSc degree in Physics as well from IIT- Kharagpur. Dr. D.Subbarao had topped the Civil Service examination in the year 1972.
Dr. Raghuram Rajan (September 4, 2013 to September 4, 2016)
Raghuram Govind Rajan is an Indian Economist and the 23rd Governor of RBI. His term period as the governor of RBI commenced from September 2013 that continued till September 2016.
Rajan was appointed as the Chief Economist and Director of Research at the International Monetary Fund in the year 2003-2006.
He was born on 3rd February, 1963 at Bhopal, Madhya Pradesh. Rajan attended Delhi Public School, RK Puram from 1974-1981. For obtaining his Bachelor’s degree in Electrical Engineering he was enrolled in the year 1981 at Indian Institute of Technology. In his final year of Engineering, he moved to Student Affairs Council and graduated in the year 1985.
As the best all rounder student, he was awarded with Director’s Gold Medal. As a management trainee, he had initiated his career at TATA Administrative services.
Dr. Urjit R. Patel (September 4, 2016 to till date)
Urjit R. Patel is currently serving RBI as the 24th Governor. His services commenced from 4th September 2016. He is an Indian Economist and has served as a deputy governor at RBI.
Urjit R. Patel got his Bachelor’s degree in Economics from the London School of economics. In the year 1986, he received his M.Phil degree from Oxford University. In 1990, he obtained his doctorate in Economics from Yale University.
Urjit R. Patel belongs to Mahudha village in Gujarat. After earning his PhD, in the year 1990, he had joined the IMF- International Monetary Fund. In between the year 2000-2004, he had worked with various Central and State Government High Level Committees. Before Patel was appointed as the Deputy Governor of RBI for three years, he was working as an advisor with the Boston Consulting Group. He also has working experience with Reliance industries.
These are the complete list and details about the working period and the work experience of Indian governors of RBI till the date.