RBI Governors List From 1935 to 2023, Check All Details Here

RBI Governors List

RBI or Reserve Bank of India is the Central Bank of India and as its preamble says it is established “to regulate the issue of Bank notes and keeping of reserves with a view of securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly complex economy, to maintain price stability while keeping in mind the objective of growth.

RBI Governors

The RBI Governor is appointed by the Government of India and serves as the chief executive of the central bank. The role of the RBI Governor encompasses a wide range of responsibilities, including maintaining price stability, managing inflation, promoting economic growth, supervising financial institutions, and representing the RBI at national and international forums. Over the years, several eminent individuals have held the prestigious position of RBI Governor, each leaving their unique imprint on the Indian economy and financial landscape.

• The Governor of the Reserve Bank of India is the chief executive officer of India’s central bank
• He is 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.
• Sir Osborn smith was the first Governor of RBI

RBI Governors: A Brief History

In 1926, the Hilton Young Commission recommended the setting up of the Reserve Bank of India. The Reserve Bank of India came into existence on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act of 1934. Initially, The central office of RBI was established in Kolkata but in 1937 it was permanently shifted to Mumbai. The Central Office is where the Governor sits and where policies are formulated. During the colonial era, RBI was privately owned. After independence, in 1949,  the Reserve Bank was fully owned by the Government of India.

RBI Governor : Shaktikanta Das

Shaktikanta Das (born 26 February 1957) is a retired 1980 batch Indian Administrative Service (IAS) officer of Tamil Nadu cadre. Currently serving as the 25th Governor of the Reserve Bank of India (RBI), he was earlier a member of the Fifteenth Finance Commission and India’s Sherpa to the G20.

Shaktikanta Das was earlier appointed in 2018 and later on reappointed in 2021. “The Appointments Committee of the Cabinet has approved the reappointment of Shaktikanta Das as Reserve Bank of India Governor for a period of three years beyond 10.12.2021 or until further orders, whichever is earlier,” an official statement stated.

RBI Governors List From 1935 to 2023

Below we are providing you with a table containing the list of all the RBI Governors of India so far –