RBI Governor List of India

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Dear Readers, today we have come with the RBI Governor List of India PDF for you. You will get very useful information in this article about RBI. The Reserve Bank of India (RBI) is the central Bank of India was established on Apr 1, 1935  under the Reserve Bank of India Act. It was nationalized in 1949. The Reserve Bank of India uses monetary Policy to create financial stability in India and charged with regulating the country’s currency and credit systems. Being a statutory body RBI is not only accountable for regulating the different financial institutions in India but it also performs various other functions as well:

  1. Issuing, Printing and Circulation of Currency Notes
  2. Licensing
  3. Act as A Monetary Authority
  4. Government’s Banker
  5. Foreign Exchange Management 
  6. Controls Credits and supply of money
  7. Regulators of Payment and Settlement System
  8. Last Resort to Bankers
  9. Appointment of CEO/Chairman of any Bank
  10. Research and Development

RBI Governor List of India PDF from 1935 to 2021

RBI Governors Time Period 1935-2021
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 – February 4, 1985
R.N. Malhotra February 4, 1985 – December 22, 1990
S. Vpnldraramanan December 22, 1990 – December 21, 1992
C. Rangarajan 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

Roles and Duties of RBI Governor:

  • The governor of the RBI is responsible for regulating and administering the financial system of the nation. He is responsible for setting parameters within which the whole financial system will function. Not a rupee can be moved without the permission of the governor of RBI.
  • The governor of the RBI is responsible for controlling the interest rates on deposits and advances of the country. However this control is limited to the extent of prescribing interest rates on savings account and a minimum lending rate.
  • The foreign exchange management Act, 1999 which is to facilitate external trade and payment and to promote orderly development and maintenance of foreign exchange market in India is managed by the governor of RBI.
  • The RBI governor is further responsible to monitor the issue and destruction of currency and coins which are not fit for circulation in public. He is also responsible to monitor the adequate quantity of currency notes and coins are supplied and in good quality.
  • He also has a major role to play when it comes to helping and promoting functions in order to support national objectives.
  • The Reserve Bank of India is responsible for maintaining the financial stability in an economy, since the governor of RBI is the head of the most prestigious financial institution, he plays a major role in formulating the policies of RBI.
  • Apart from formulating policies, the governor of the RBI also is responsible for issuing licenses to open new private and foreign banks.
  • Along with his team, the governor of the Reserve Bank of India has to continually review rules and regulations in order to make them more customer friendly.
  • The governor of the Reserve Bank of India also has a part to play in monitoring and facilitating flow of credit to rural, agricultural and various small scale industries sectors. He is also responsible for framing policies on priority sector and supporting the agriculture banks. Further, the governor is responsible for regulating regional rural banks, state co-operative banks and various local area banks.
  • You must be aware that the government has various poverty alleviation schemes in order to eradicate poverty from India. The governor of RBI monitors these schemes as well.
  • The RBI governor is responsible for leading and supervising primary co-operative banks which are in more popular terms known as “Urban co-operative banks”. He does this through his Urban Banks Department.
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