- By Aditi Priya
- Tue, 10 Dec 2024 02:49 PM (IST)
- Source:JND
Complete list of RBI Governors of India: The Reserve Bank of India (RBI), also known as the Central Bank of India, handles India's monetary policies. It was established on April 1, 1935, under the RBI Act of 1934 and was founded on the suggestions of the ‘Hilton-Young Commission.’ RBI was initially established as a private bank and was nationalized on January 1, 1949, after India's independence. On December 12, 2024, Sanjay Malhotra, a 1990-batch IAS officer from the Rajasthan cadre became the new governor of the Reserve Bank of India.
When the RBI was established, its headquarters were in Kolkata but they were relocated to Mumbai in 1937. The RBI is led by a Governor selected by the Government of India and there have been 25 Governors till today since its foundation.
Importance Of RBI Governor
The Governor is the CEO of the Reserve Bank of India and the Chairman of its Central Board of Directors and his signature on Indian currency notes symbolises their authority. Governors are appointed for three-year terms, with the option of reappointment.
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Here, we have curated a thorough list of all RBI Governors from 1935 to 2024, focusing on their contributions to India's financial system.
| S.N. | RBI Governor Name | Tenure |
| 1. | Sir Osborne Smith | April 1, 1935 to June 30, 1937 |
| 2. | Sir James Braid Taylor | July 1, 1937 to February 17, 1943 |
| 3. | Sir C. D. Deshmukh | August 11, 1943 to June 30, 1949 |
| 4. | Sir Benegal Rama Rau | July 1, 1949, to 14 January 1957 |
| 5. | K. G. Ambegaonkar | January 14, 1957, to 28 February 1957 |
| 6. | H. V. R. Iyengar | March 1, 1957 to February 28, 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. Narasimhan | May 3, 1977 to November 30, 1977 |
| 14. | I.G. Patel | December 1, 1977, to September 15, 1982 |
| 15. | Manmohan Singh | September 16, 1982 to January 14, 1985 |
| 16. | Amitav Ghosh | January 15, 1985, to February 4, 1985 |
| 17. | R. N. Malhotra | February 4, 1985, to December 22, 1990 |
| 18. | S. Venkatraman | December 22, 1990 to December 21, 1992 |
| 19. | C. Rangarajan | December 22, 1992, to November 21, 1997 |
| 20. | Bimal Jalan | November 22, 1997 to September 6, 2003 |
| 21. | Y. V. Reddy | September 6, 2003, to September 5, 2008 |
| 22. | D. Subbarao | September 5, 2008, to September 4, 2013 |
| 23. | Raghuram Rajan | September 4, 2013, to September 4, 2016 |
| 24. | Urjit Patel | September 4, 2016, to December 11, 2018 |
| 25. | Shaktikanta Das | December 12, 2018, to December 12, 2024 |
| 26 | Sanjay Malhotra | December 12, 2024, to Present |
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