Reserve Bank Of India Governor List

Osborne Smith was a British banker who served as the Managing Governor of the Imperial Bank of India prior to becoming the first Governor of RBI. 

1

Osborne Smith

1 Apr 1935 - 30 Jun 1937

James Braid Taylor was an Indian Civil Services officer who served as the Controller of the Currency & the Deputy Governor of RBI prior to becoming the Governor.

2

James Braid Taylor

1 Jul 1937 -17 Feb 1943

Chintaman Dwarakanath Deshmukh was the first Indian to serve as the Governor of RBI. His governorship oversaw the partition of India as the subsequent division of assets & liabilities between India and Pakistan.

3

C. D. Deshmukh

11 Aug 1943 - 30 Jun 1949

Benegal Rama Rau was an Indian Civil Services officer who served as the Indian ambassador to the United States prior to becoming the Governor of RBI. 

4

Benegal Rama Rau

1 Jul 1949 - 14 Jan 1957

K. G. Ambegaokar was an Indian Civil Services officer who served as the Finance Secretary and was appointed as the interim governor upon the resignation of Benegal Rama Rau.

5

K. G. Ambegaonkar

14 Jan 1957 - 28 Feb 1957

H.V.R. Iyengar was an Indian Civil Services officer who served as the chairman of the State Bank of India prior to becoming the Governor of RBI.

6

H. V. R. Iyengar

1 Mar 1957 - 28 Feb 1962

P. C. Bhattacharya was an Indian Audit & Accounts Service officer who served as the chairman of the State Bank of India prior to becoming the Governor of RBI.

7

P. C. Bhattacharya

1 Mar 1962 - 30 Jun 1967

Lakshmi Kant Jha was an Indian Civil Services officer who served as the secretary to the Prime Minister prior to becoming the Governor of RBI

8

Lakshmi Kant Jha

1 Jul 1967 - 3 May 1970

B. N. Adarkar was an Economist who served as the Economic Advisor to the Government of India prior to becoming the interim Governor of RBI.

9

B. N. Adarkar

4 May 1970 - 15 Jun 1970

Sarukkai Jagannathan was an Indian Civil Services officer who served as India's Executive Director of the World Bank prior to becoming the Governor of RBI.

10

Sarukkai Jagannathan

16 Jun 1970 - 19 May 1975

N. C. Gupta served as the Secretary to the Department of Banking, Ministry of Finance prior to becoming the Interim Governor of RBI.

11

N. C. Sen Gupta

19 May 1975 - 19 Aug 1975

K. R. Puri served as the Chairman of the Life Insurance Corporation prior to becoming the Governor of RBI.

K. R. Puri

20 Aug 1975 - 2 May 1977

12

M. Narasimham was an RBI Research Officer who served as an Additional Secretary to the Department of Economic Affairs prior to becoming the Governor of RBI.

M. Narasimham

3 May 1977 - 30 Nov 1977

13

I. G. Patel was an Economist who served as a Secretary in the Ministry of Finance. His governorship oversaw the Demonetization of ₹5,000 and ₹10,000 value currency.

I. G. Patel

1 Dec 1977 - 15 Sep 1982

14

Manmohan Singh is an Economist who served as the Finance Secretary prior to becoming the Governor of RBI. He went on to become the Prime Minister of India.

Manmohan Singh

16 Sep 1982 - 14 Jan 1985

15

Amitav Ghosh was the Deputy Governor of RBI who was appointed as the Interim Governor until R. N. Malhotra assumed the office.

Amitav Ghosh

15 Jan 1985 - 4 Feb 1985

16

R. N. Malhotra was an Indian Administrative Services officer who served as executive director of the International Monetary Fund prior to becoming the Governor of RBI.

R. N. Malhotra

4 Feb 1985 - 22 Dec 1990

17

S. Venkitaramanan was an Indian Administrative Services Officer. India adopted International Monetary Fund's stabilization program during his Governorship.

S. Venkitaramanan

22 Dec 1990 - 21 Dec 1992

18

C. Rangarajan is an Economist who served as the Governor of RBI. His governorship oversaw the establishment of a Unified Exchange Rate.

C. Rangarajan

22 Dec 1992 - 21 Nov 1997

19

Bimal Jalan is an Economist who served in various positions including being the Chief Economic Adviser to the government. His Governorship oversaw less Inflation & Interest Rates.

Bimal Jalan

22 Nov 1997 - 6 Sep 2003

20

Y. Venugopal Reddy is an Indian Administrative Services officer who served as the Deputy Governor of RBI prior to becoming the Governor of RBI.

Y. Venugopal Reddy

6 Sep 2003 - 5 Sep 2008

21

D. Subbarao is an Indian Administrative Services officer who served as the Finance Secretary prior to becoming the Governor of RBI

D. Subbarao

5 Sep 2008 - 4 Sep 2013

22

Raghuram Rajan is an Economist who served as the Chief Economic Advisor to the Government & the Chief Economist of the International Monetary Fund prior to becoming the Governor of RBI.

Raghuram Rajan

4 Sep 2013 - 4 Sep 2016

23

Urjit Patel is an Indian Economist who looked after Monetary Policy, Economic Research, Financial Markets, Statistics and Information Management.

Urjit Patel

4 Sep 2016 - 10 Dec 2018

24

Shaktikanta Das is serving as the current & 25th Governor of the Reserve Bank of India (RBI). He was earlier a member of the Fifteenth Finance Commission & India's Sherpa to the G20.

Shaktikanta Das

12 Dec 2018 - Incumbent

25