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List of RBI Governors of India 1935 to 2023

RBI Governors of India

The RBI Governor is the Chief Executive Officer of the Central Bank of India and the Ex-officio Chairman of its Central Board of Directors. The RBI Governor is appointed by the government of India and is not generally elected. The signature of the RBI Governor is present on the Indian currency notes. The list of RBI governors is an important segment to learn for the candidates preparing for competitive exams.

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List of Finance Ministers of India 1946 to 2023

List of RBI Governor of India

In the list of RBI Governor of India, the first governor of India is Sir Osborne Smith. He served as the Governor from 1st April 1935 to 30th June 1937. The list of RBI governors from 1935 to 2023 is given below.

RBI Governor Duration from 1935-2021
From To
Sir Osborne Smith April 1, 1935 June 30, 1937
Sir James Braid Taylor July 1, 1937 February 17, 1943
Sir C.D. Deshmukh August 11, 1943 June 30, 1949
Sir Bengal Rama Rau July 1, 1949 January 14, 1957
K.G. Ambegaonkar January 14, 1957 February 28, 1957
H.V.R. Lyengar March 1, 1957 February 28, 1962
P.C. Bhattacharya March 1, 1962 June 30, 1967
L.K. Jha July 1, 1967 May 3, 1970
B.N. Adarkar May 4, 1970 June 15, 1970
S. Jagannathan June 16, 1970 May 19, 1975
N.C. Sen Gupta May 19, 1975 August 19, 1975
K.R. Puri August 20, 1975 May 2, 1977
M. Narasimham May 3, 1977 November 30, 1977
I.G. Patel December 1, 1977 September 15, 1982
Manmohan Singh September 16, 1982 January 14, 1985
Amitav Gosh January 15, 1985 September 4, 1985
R. N. Malhotra February 4, 1985 December 22, 1990
S. Vpnldraramanan December 22, 1990 December 21, 1992
C. Rangaerajan December 22, 1992 November 21, 1997
Bimal Jalan November 22, 1997 September 6, 2003
Y.V. Reddy September 6, 2003 – September 5, 2008
D. Subbarao September 5, 2008 – September 4, 2013
Raghuram G. Raj an September 4, 2013 – September 4, 2016
Urjit Ravindra Patel September 4, 2016 – December 10, 2018
Shaktikanta Das December 12, 2018 To date

List of Chief Justice of India from 1950-2022

RBI Governors of India: Roles & Functions

  • The RBI Governor holds the highest position in the financial institutions, the RBI Governor is responsible for the maintenance of the monetary stability in an economy.
  • RBI Governor of India heads responsible for issuing licenses to open new foreign and private banks.
  • The financial system of the nation is regulated by the RBI Governor who also has the responsibility to set parameters within which the whole financial system functions.
  • The Reserve Bank of India (RBI) sets board guidelines for banking activities under which the nation’s banking and financial system operates.
  • The governor manages India’s foreign exchange reserves and oversees the preservation of the rupee’s external value.
  • RBI also carries out tasks to assist national goals for financing agriculture and rural areas.
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