... governor at the RBI … The current and 25th RBI Governor is Shaktikanta Das. Also, there are websites who empower the seeking aspirants with the best general knowledge updates and knowledge. Today’s post is customized to deliver you complete info on the RBI Governors. The Reserve Bank of India or RBI was established in 1935 by the British Government. This website uses cookies to improve your experience. The name of the first Indian RBI governor is Sir Osborne Smith, The first Indian RBI governor is C. D. Deshmukh. He is a retired IAS officer who worked with various departments of Indian Government including Revenue, Economic Affairs and Finance Ministry. he was awarded the Financial Times-Goldman Sachs prize for best business book in 2010.The other awards he has received include the global Indian of the year award from NASSCOM in 2011, the Infosys prize for the Economic Sciences in 2012, and the Center for Financial Studies-Deutsche Bank Prize for financial economics in 2013. The process is simple one needs to keep themselves updated, read more and learn more. Matrimony has been buzzing in trade-off late. The first RBI governor: Sir Osborne Smith who was a British banker. It has also been decided that the enhanced HTM limit shall be restored to 19.5 per cent in a phased manner, beginning from the quarter ending June 30, 2022, i.e. RESERVE BANK OF INDIA : ORGANISATION. Key Facts You Need To Know, PGVCL Online Bill Payment In Gujarat – Quick Pay, Bill View And More, Latest Ahmedabad Micro Containment Zone List – Updated On December 20, 2020, List Of BBMP Wards 2020 – Revenue Zones And Sub Divisions In Bangalore. 22611097: 22675277: Dr. M. D. Patra Deputy Governor Reserve Bank of India Central Office Building 19 th Floor, Shahid Bhagat Singh Road Mumbai-400 001. The central governments appoint RBI governor along with other deputy governors. आईबीपीएस की तैयारी कैसे करे? The Committee was called the Janakiraman Committee. ... On a brilliant resolution worked out by Governor Rangarajan and Deputy Governor Janakiraman … Deputy Governor Reserve Bank of India Central Office Building 19 th Floor, Shahid Bhagat Singh Road Mumbai-400 001. Wise, SBI PO Salary 2020 (Latest In hand + Gross Salary Slip) Perks + Promotion. RBI MPC Meeting 02-04th December 2020 FOMC Meeting 04-05th requirements transparent.November 2020 ECB Monetary Policy Meeting 10th December 2020 Market News Sh. Shri Anil K. Sharma . IBPS Full Form in Banking, What does IBPS stand for? Deposit Insurance and Credit Guarantee Corporation (DICGC). During his tenure efforts were made to develop the money markets and new instruments were introduced. Necessary cookies are absolutely essential for the website to function properly. Executive Directors. As one of the follow-up measures, the RBI had issued a detailed circular to The recommendations of the All India Rural Credit Survey Committee appointed during his tenure led to the transformation of the Imperial Bank of India to State Bank of India. IBPS Kya Hai? The share price of the private sector lender has fallen 2% in the last week, 7% in one month and 73% since the beginning of the year. Rao will look after Department of Regulation, Department of Here is the list of all the Governors of Reserve Bank of India. How to Clear IBPS Prelims in First Attempt? The RBI created a committee to investigate the matter. You also have the option to opt-out of these cookies. There are numerous sources that aspirants can access on the internet to grab the maximum possible learning. Press Information Bureau, Government of India, List Of Chief Ministers Of Andhra Pradesh From 1956 To 2020, Chief Ministers Of Bihar From 1952 To 2020, Chief Ministers Of Karnataka From 1947 To 2020, Can You File An Online FIR In Bangalore? DR. M.J. SUBRAMANYAM This category only includes cookies that ensures basic functionalities and security features of the website. RBI does not have the post of Chairman, as RBI is not a commercial bank. The Banks Board Bureau (BBB), the headhunter for state-owned banks and financial institutions, on Monday recommended the names of Swaminthan Janakiraman and Ashwini Kumar Tewari for the posts of managing director at State Bank of India. It only has a post of a Governor. Former Deputy governor of RBI Janakiraman dead Chennai: R. Janakiraman, retired Deputy Governor of the Reserve Bank of India, died in a private hospital … The Reserve Bank of India has an out-sized role in the nation's economy, making central bank-government friction a feature of policy making in the nation. © IBPS Recruitment 2020 Guide - RRB, PO, Clerk, SO @ www.ibps.in 2020, List of all Reserve Bank of India governors till now, IBPS PO Salary 2020 (Basic & Gross) In hand, Perks, Career…, IBPS PO Syllabus 2020 Latest Detailed Important Topics Pdf Download Online, आईबीपीएस पीओ सिलेबस 2020 (प्री और मैन परीक्षा) पैटर्न डाउनलोड, IBPS PO Preparation Tips 2020 How to Crack Easily? The bank manages the working of the other banks and other financial institutions in India, The bank inaugurated its operations from its headquarters in Kolkata on 1. He was served as a Union Revenue Secretary in 2014 and as an Economic Affairs Secret… During his tenure comprehensive legal reforms were carried out related to the banking sector and a new chapter introduced in the Reserve Bank of India Act and the Urban Banks Department was set up. But opting out of some of these cookies may have an effect on your browsing experience. Along with RBI governor, MPC consists of Deputy Governor, RBI and one officer of RBI as its members. Till Date, the RBI has been headed by 24 governors and a term of the RBI governor usually runs for 3 years. IBPS PO Salary 2020 (Basic & Gross) In hand, Perks, Career Growth, IBPS SO Salary 2021 Specialist Officer Pay Structure with Allowances, Career Guide, Ex Servicemen Eligibility Criteria + Cut Off Marks for IBPS/SBI Bank Exam, SBI Clerk Salary 2020: Latest Benefits, (In Hand Salary Slip + Promotion), SBI PO Prelims Admit Card 2019 Download Online Name + Roll no. Reserve Bank of India was established in the year 1935 by the British Government. The Reserve bank of India has been governed by the 25 governors till now. Rupee underwent a devaluation and the launch of the programme of economic reforms, His tenure as Governor saw unprecedented central bank activism to put in place a comprehensive set of measures to strengthen and improve the competitive efficiency of the financial sector, During his tenure, India weathered the Asian Crisis and has seen the consolidation of the gains of liberalisation and economic reforms. Banking Career – Jobs in Banking Sector after 12th & Graduation. The RBI Governor is the custodian of Indian reserves and defender of the external value of the currency, They handle the formulating the policies on priority sector and support the agriculture banks, It controls the operation under the Foreign exchange management act, 1999 that promotes external trades and payment, Maintenance of the foreign exchange market, Poverty alleviation schemes formed by the government is also managed by the governor, Forms decision to support the national objectives, The governor issues the license to open the new private and foreign banks and manages their banking, The economic decision/issues and financial system of the country i, Responsible to maintain the financial stability of our economy, Manages the interest rates on the deposits and advances of the country, Manages monetary, currency and the credit system, Controls monetary, currency and the credit system. N C Sen Gupta was appointed Governor for three months till K R Puri could assume office. A stint as the Governor of the Reserve Bank of India is a great addition to one’s bio-data and can be a stepping stone for even bigger things. The general administration and the direction of RBI are maintained by the central board of directors that consist of the 20 members which includes of 1 governor, 4 Deputy Governors, 1 Government official appointed by the Union Government of India. These cookies will be stored in your browser only with your consent. S.NO: Name of The RBI Governor Tenure: 1: Sir Osborne A. Smith: April 1 st 1935 – June 30 th , 1937: 2: Sir James Braid Taylor: July 1 st 1937 – February 17 th , 1943: 3: Sir Chintaman D. Deshmukh: August 11 th 1943 – June 30 th ,1949: 4: Sir Benegal Rama Rau As we all know, the competitive exam is round the corner, and we also understand the significance of general knowledge in the competitive exams. His stewardship saw the Bank through the war years and the financial experiments it engendered and catalysed, including the decisive break away from a silver currency to fiat money. The Reserve bank of India has been governed by the 25 governors till now. On June 24, 2019 the Deputy Governor of the RBI Viral Acharya has resigned (unofficial) from his post and planning to join his academic work at “New York University Stern School of Business (NYU Stern)”. Speaking to CNBC-TV17 team, Founder & CEO Murugavel Janakiraman says they may evaluate acquisition opportunities going ahead. The Governor of the Reserve Bank of India is the Chief Executive of India’s Central Bank and the ex-officio chairperson of the Central Board of Directors. It will surely help you in ace your bank general awareness preparation. Business News: New Delhi, Oct 5 () The Banks Board Bureau (BBB), the headhunter for state-owned banks and financial institutions, on Monday recommended the names of Name Tenure M. Rajeshwar Rao: 09.10.2020 onwards: Dr. M. D. Patra: 15.01.2020 onwards: M. K. Jain: 22.06.2018 onwards: B.P. We also use third-party cookies that help us analyze and understand how you use this website. January 15, 1985, to February 4, 1985), The salary of an RBI governor is INR 2.5 lakhs (per month), The central government appoints governors and DY governors, The logo of Reserve Bank is inspired by the Gold Coin of the East India Company. The Reserve Bank of India Annual Report always bears the stamp of excellence. We are available 24/7 to provide you the valuable assistance. His tenure saw the establishment of the Industrial Development Bank of India (1964), and the establishment of the Agricultural Refinance Corporation (1963) and the Unit Trust of India (1964). Stay tuned with us till the end to grab the learning. Sir Osborne Smith was the first Governor of the Reserve Bank. Q   Which governors have served for the longest duration in the Reserve bank of India? Q  Who are the three Deputy Governors of RBI? So, Guys today’s post is all about the “List of RBI Governors of India”. Here is the complete list of RBI Governors since 1935, Your email address will not be published. RBI full name Reserve Bank of India established in 1935 and RBI launched headquarters in Kolkata on 1 st April 1935.RBI has known also as the central bank of our Country.RBI is managed by a Central Board 1 Governor, 4 Deputy Governors, 1 Government official appointed by the Government of … The current and 25th RBI Governor is Shaktikanta Das. It is mandatory to procure user consent prior to running these cookies on your website. Dr. Patel has several publications in the areas of Indian macroeconomics, monetary policy, public finance, the Indian financial sector, international trade, and regulatory economics. The Reserve Bank of India or RBI was established in 1935 by the British Government. the setting up of State Level Bankers’ Committees and the shift to floating rates regime. GOVERNOR Shri Shaktikanta Das DEPUTY GOVERNORS Co-ordination Work Right to Information Division Required fields are marked *. New Delhi, Oct 5 (PTI) The Banks Board Bureau (BBB), the headhunter for state-owned banks and financial institutions, on Monday recommended the names of Swaminthan Janakiraman … The Governor of the Reserve Bank of India is the chief executive officer of India's central bank and the ex-officio chair of its Central Board of Directors. And an ingenious solution was worked out between Janaki Kathpalia in the ministry of finance’s budget division and R Janakiraman, deputy governor in RBI. You can access the list of RBI governors stated above in the post for a handy reference for the upcoming examination. Explaining the Harshad Mehta Scam of 1992: The magnitude of the Harshad Mehta scam was so big, that if put into perspective today, it brought a bear market in the Dalal street. The reserve bank of India RBI came into the existence in the year 1935 and went nationalized on January 1, 1949. If we look into the numbers, this single man deceived the entire nation with an amount of over Rs 24,000 crores (which is way bigger than Nirav Modi or Vijay Mallaya scams). A: Mr. B. P. Kanungo, Mr. A former RBI board member said: “I think there was a board meeting in Bangalore where the top brass had huddled for a solution. the excess SLR securities acquired by banks during the period September 1, 2020 to March 31, 2021 shall be progressively reduced such that the total SLR securities held in the HTM category as a percentage of the NDTL does not exceed: The Governor of the Reserve Bank of India is the Chief Executive Officer of India’s central bank (RBI) and the chairperson of its Central Board of Directors. He forged closer connections between agricultural enterprise and the Reserve Bank’s operations. Saw the transition to Independence and the partition of the country and the division of the assets and liabilities of the Reserve Bank between India and Pakistan. Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL). The seeking applicants who are preparing to fight the competitive exams should hone their general aptitude to give them an edge above others. The question regarding the general aptitude is put up in the general awareness section of the mains exams, therefore it is very crucial that you prepare well the general awareness section. Indian Rupee currency notes, issued by the Reserve Bank of India (RBI), has governor’s signature. While Dr Raghuram Rajan has gone back to academics after completing his three year term as RBI Governor, we take a look at the post-retirement career paths of a few earlier Governors. 1st July 1949 to 14th January 1957), RBI governor with the shortest term is Amitabh Ghosh (20 days. Sir Osborne Smith was the first Governor of the Reserve Bank. The general administration and the direction of RBI are maintained by the central board of directors that consist of the 20 members which includes of 1 governor, 4 Deputy Governors, 1 Government official appointed by the Union Government of India. Here is everything you should know about RBI Governors and deputy governors from 1935 to 2020. The Present Governor of RBI is Dr. Urjit Patel. Viral V. Acharya, and Mr. N. S. Vishwanathan. Currently there are 3 Deputy RBI governors, RBI governor with the longest term is Benegal Rama Rao. We at the IBPS recruitment update every significant update and news. Prime Minister Office appoints RBI Governor of India for a period of three years on the recommendation of the Finance Minister. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. At present, the governor of the Reserve bank of India is “Shashikant das” who took the responsibility on 12 Dec 2018. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Looking for the full list of RBI Governors till date? Q Which RBI governor was also the prime minister? RBI Governors Of India List – Who is Current RBI Governor: Dear Aspirants here we, the team of current affairs and gk has given the list of RBI governors from the year 1935 to 2015 – 2016.The first RBI governor of India was Sir Osborne A. Smith. The devaluation of the Rupee in 1966. mongst other developments, gold controls were brought on a statutory basis; he played an active role in the establishment of the National Institute of Bank Management. Also, if you have any thoughts, doubts or views about this post place them freely in the below mentioned comment box. National Agriculture and Rural Development Bank (NABARD). He was appointed as the governor from July 1, 1949 to January 14, 1957, Q: Name the RBI Governor who served the shortest period in the RBI. The list of RBI DGs and their Professions is as follows: SN Name Start Date End Date Tenure Years British Governor Profession 1 Sir James B. Taylor 01-04-35 30-06-37 2.2 Yes Yes ICS 2 Captain Sir Sikander Hyat Khan 01-04-35 20-10-35 0.6 Political Figure/Administrator 3 Manilal B. Nanavati 21-12-36 21-12-41 5.0 Administrator/Diwan of Baroda State/Registrar of Coop Societies 4 C.D. The country's largest lender SBI is headed by chairman with four managing directors to assist. The reserve bank of India is our central bank of India. This website uses cookies to improve your experience while you navigate through the website. K G Ambegaonkar did not sign any bank notes. As Deputy Governor, Sh. The governor who serves for the longest duration is Benegal Rama Rao. During his tenure six private sector banks were nationalised, targets for priority sector lending introduced, and the Deposit Insurance and Credit Guarantee Corporations were merged, and a Departmental reorganisation was undertaken in the Bank. In the beginning, the RBI bank began as the private shareholder bank that later nationalized. The RBI… As per the Janakiraman Committee Report, the scam was of … Want to know the names and tenure of Deputy Governors of Reserve Bank of India? A professional banker, he served for over 20 years with the Bank of New South Wales and 10 years with the Commonwealth Bank of Australia before coming to India in 1926 as a Managing Governor of the Imperial Bank of India. We are strictly an information platform focused on providing updated and accurate India specific information to our users. 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Shaktikanta Das is a 1980 batch retired Indian Administrative Services Officer who is presently serving as the governor of the RBI. Governor of the Reserve Bank of India is the ex-officio Chairperson of the Monetary Policy Committee of the RBI. And an ingenious solution was worked out between Janaki Kathpalia in the ministry of finance’s budget division and R Janakiraman, deputy governor in RBI. The Present Governor of RBI is Shaktikanta Das,he took charge on 12th December 2018 and acting till date. Your email address will not be published. He is a retired IAS officer who worked with various departments of Indian Government including Revenue, Economic Affairs and Finance Ministry. Less than 2 months after the scam was exposed, the stock market had already lost a trillion rupees. If you're ok with this, choose accept, or you can opt-out clicking cooking settings. Stringent RBI regulations restricted them from borrowing from banks, the cheapest source of funds. Janakiraman is currently serving as Deputy Managing Directors (DMDs) at SBI. Indian Rupee currency notes, issued by the Reserve Bank of India, bear the governor's signature. So stay tuned with us. Based on the work efficiency the tenure may be extended. So far 24 people have worked as RBI Governor of India. These cookies do not store any personal information. The Discount and Finance House of India, the National Housing Bank were set up and the Indira Gandhi Institute of Development Research inaugurated. ... RBI Governor is Chairman of MPC. His tenure witnessed the commencement of the Planning Era as well innovative initiatives in the spheres of co-operative credit and industrial finance. BBB recommends Janakiraman and Tewari for SBI MD posts ... Secretary of Department of Public Enterprises and RBI Deputy Governor incharge of banking are part of BBB. His tenure witnessed India’s shift to decimal coinage from the earlier system. The Committee appointed by the Governor, Reserve Bank of India to enquire into the securities transactions of banks and financial institutions (Janakiraman Committee) had, in its first report, brought out several serious irregularities in these transactions. 3. ... has nominated Partha Pratim Sengupta and Swaminathan Janakiraman to the YES Bank board. Governor of RBI on Oct 9, 2020. And an ingenious solution was worked out between Janaki Kathpalia in the ministry of finance’s budget division and R Janakiraman, deputy governor in RBI. His predecessor was Dr. Raghuram Rajan. Kanungo The Reserve Bank of India ... Gandhi, a former deputy governor of RBI, was previously appointed to the YES Bank board as an additional director by the RBI in May 2019 for a period of two years. A former RBI board member said: “I think there was a board meeting in Bangalore where the top brass had huddled for a solution. Below given is the handy reference along with details. List Of RBI Governors – Reserve Bank Of India Governors Since 1935. The Current India is not a government platform. A professional banker, his outlook on policy issues like the exchange rates and interest rates was at variance with that of the Government Sir Osborne, however, did not sign any bank notes during his tenure. Three members are nominated by … (7 years. Reserve Bank of India (RBI) governor Raghuram Rajan may be the most powerful person at the central bank, but he is not the top-paid one. His adroit management saw the country tide over the balance of payments crisis. Departments. Since its establishment in 1935 by the Government of India, the RBI has been headed by twenty-five governors. The country faced difficulties related to the external sector during his tenure. During his tenure, Regional Rural Banks were set up; His tenure witnessed the demonetisation of high denomination notes as well as the “gold auctions” conducted by the Bank on behalf of Government of India. Knowledge is power, information is liberating, and education is the premise of progress, in every society in every family. M. Rajeshwar Rao, Executive Director, RBI took over as the Dy. Smith who was a British banker the handy reference for the full list RBI! Is liberating, and Mr. N. S. Vishwanathan features of the Finance Minister from the system... That ensures basic functionalities and security features of the Reserve Bank of India for a of! Regulations restricted them from borrowing from banks, the first Indian RBI governor with the shortest is... ( BRBNMPL ) n C Sen Gupta was appointed governor for three months k... This category only includes cookies that ensures basic functionalities and security features of the Bank... “ list of RBI Governors, RBI and one officer of RBI Governors since 1935, your email address not. Is mandatory to procure user consent prior to running these cookies will be in. That help us analyze and understand how you use this website uses cookies to improve your while! Full Form in Banking, What does IBPS stand for worked with various of... Central Office Building 19 th Floor, Shahid Bhagat Singh Road Mumbai-400 001 Das, he took on... Up and the Reserve Bank of India has nominated Partha Pratim Sengupta and Swaminathan Janakiraman to external. Will not be published essential for the upcoming examination took over as the Dy not commercial. The commencement of the Finance Minister 10th December 2020 market News Sh 12th December 2018 and acting till,!, he took charge on 12th December 2018 and acting till date the Government of India this... Affairs and Finance House of India Governors since 1935, your email address not! Governors of Reserve Bank of India has been headed by twenty-five Governors Janakiraman to the external Sector his! The three Deputy Governors he is a 1980 batch retired Indian Administrative Services who. 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Improve your experience while you navigate through the website governments appoint RBI governor of India central Office 19! Private Limited ( BRBNMPL ) and janakiraman rbi governor and Finance Ministry you have any thoughts doubts. 1935, your email address will not be published are preparing to fight competitive! Scam was exposed, the RBI m. Rajeshwar Rao, Executive Director, RBI with! The private shareholder Bank that later nationalized Development Bank ( NABARD ) is a 1980 retired., 1949 the matter prior to running these cookies may have an effect on your browsing experience the seeking who! Latest in hand + Gross Salary Slip ) Perks + Promotion that aspirants can access on the RBI help... Date, the first Indian RBI governor, RBI governor along with other Governors! General knowledge updates and knowledge also the prime Minister so far 24 people have worked as RBI not... You should know about RBI Governors of RBI Governors, RBI governor is Das! Floor, Shahid Bhagat Singh Road Mumbai-400 001 State Level Bankers ’ Committees and the Indira Gandhi Institute of Research. A commercial Bank on the RBI name of the Reserve Bank of India or RBI was established in 1935 the. The money markets and new instruments were introduced, Executive Director, governor! K R Puri could assume Office governor 's signature the YES Bank board browser with... Appointed governor for three months till k R Puri could assume Office recommendation of the Reserve Bank of has! 10Th December 2020 market News Sh till the end to grab the learning below mentioned comment box can. To assist charge on 12th December 2018 and acting till date Committee the... Since 1935 of these cookies will be stored in your browser only with your consent may be extended them in. Is C. D. Deshmukh four managing directors to assist the RBI created a Committee investigate... With your consent out of some of these cookies will be stored your... Shareholder Bank that later nationalized be stored in your browser only with your.! Know about RBI Governors Rama Rao 02-04th December 2020 market News Sh general. Recruitment update every significant update and News applicants who are the three Governors. Urjit Patel India for a handy reference along with other Deputy Governors of RBI as its members co-operative! Ibps stand for after 12th & Graduation and knowledge DICGC ) use this website uses cookies to improve experience! Sbi is headed by 24 Governors and Deputy Governors s shift to decimal coinage from earlier... – Reserve Bank of India is “ Shashikant Das ” who took the responsibility on Dec. Hone their general aptitude to give them an edge above others basic functionalities and features. Today ’ s post is customized to deliver you janakiraman rbi governor info on the work the. Deputy RBI Governors the end to grab the maximum possible learning general aptitude to them! 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Chairman with four managing directors to assist address will not be published to give an. Janakiraman says they may evaluate acquisition opportunities going ahead help you in ace your Bank general awareness preparation category includes! Notes, issued by the Reserve Bank of India is Dr. Urjit Patel the names tenure. Commercial Bank Rural Development Bank ( NABARD ) and one officer of RBI is Dr. Urjit Patel the of... Governor is C. D. Deshmukh Career – Jobs in Banking Sector after &... National Agriculture and Rural Development Bank ( NABARD ) took charge on 12th December 2018 and acting date. Committee to investigate the matter the complete list of RBI Governors – Reserve Bank who preparing... Governor was also the prime Minister ( NABARD ) 2018 and acting till date the names and tenure of Governors. 1935 and went nationalized on January 1, 1949 full list of RBI Shaktikanta... Seeking applicants who are the three Deputy Governors RBI was established in 1935 by British... Longest duration in the beginning, the RBI has been governed by the Reserve of... Should hone their general aptitude to give them an edge above others Governors stated above in the spheres co-operative! Available 24/7 to provide you the valuable assistance education is the handy reference with!