List of RBI Governors of India 1935 to 2023

List of RBI Governors of India 1935 to 2024

RBI Governors of India: Sanjay Malhotra, a seasoned bureaucrat and Revenue Secretary, has been appointed as the 26th Governor of the Reserve Bank of India (RBI).

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.

Latest News

Sanjay Malhotra, a seasoned bureaucrat and Revenue Secretary, has been appointed as the 26th Governor of the Reserve Bank of India (RBI). A 1990-batch IAS officer from the Rajasthan cadre, he succeeds Shaktikanta Das, whose tenure ends on 10th December 2024. Malhotra brings over three decades of diverse experience spanning finance, taxation, power, IT, and mining.

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 2024 is given below.

RBI Governor	Duration from 1935-2021
RBI Governor	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	December 10, 2024
Sanjay Malhotra	December 11, 2024	Till Date

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.