If you have any related query, feel free to let me know in the comments right now. And, C. D. Deshmukh was the very first Indian Governor of the RBI. Ambegaonkar January 14, 1957 – February 28, 1957 H.V.R Lyengar March 1, […] Managing Governor of the Imperial Bank of India: 2 जेम्स ब्रेड टेलर : 1 जुलाई 1937 17 फ़रवरी 1943 2057 days भारतीय सिविल सेवा अधिकारी भारतीय रिज़र्व बैंक के डिप्टी गवर्नर. 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). Osborn Smith was the first RBI governor and the first to resign from his post. It is not in the public interest to allow conglomerates to expand and dominate too many industries, and that includes banking. A Ghosh (January-February, 1985) A Ghosh served as interim governor for short period. Tenure: Dec. 22, 1990 – Dec. 21, 1992 . Ambegaonkar January 14, 1957 – February 28, 1957 H.V.R Lyengar March 1, […] Till Date, the RBI has been headed by 24 governors and a term of the RBI governor usually runs for 3 years. The RBI Governor is appointed after the proposal made by the Financial Sector Regulatory Appointments Search Committee (FSRASC), headed by the Cabinet Secretary. Deshmukh was the first Indian Governor of Reserve Bank of India. 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. RN Malhotra (1985-1990) RN Malhotra is know for several developments in Indian Money Markets and introduction of new instruments. Since its establishment in 1935 by the Government of India, the RBI has been headed by twenty-five governors. The Reserve Bank of India (RBI) is the highest monetary authority of India. RBI Governor Shaktikanta Das is happy with the way the Indian economy is performing. Second in line was Benegal Rama Rau. While the phased unlocking of the economy continues to ease supply chain disruptions and facilitate broader labour mobility, fiscal constraints will likely keep the tax burden from easing materially. Venkitaraman was the finance secretary. By: PTI | Updated: Jun 19, 2020 7:43 PM . Their results had an effect on the RBI. The first Governor of the Reserve Bank of India was British banker Osborn Smith, while C.D. RBI acts as a parent body for all other commercial banks in India, In India, Rupee currency notes which are issued by the Reserve Bank of India (RBI), bear the governor’s signature. 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. The RBI Governor is the Chief Executive Officer of the Reserve Bank of India and also the ex-officio chairperson of its Central Board of Directors. e.g. Save my name, email, and website in this browser for the next time I comment. Here, in this blog post, I will be listing out all the Governors of the Reserve Bank of India till date along with their Term Start and Term End dates. His decisive actions helped India tide over the crisis. India will continue to approach capital account convertibility as “a process rather an event”, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday. 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; List Of RBI Governors From 1935 2020. The Present Governor of RBI is Shaktikanta Das,he took charge on 12th December 2018 and acting till date. What are the main functions of Reserve Bank of India? Download PDF of RBI Governors … Venkitaraman was an IAS officer and like Shaktikanta Das had served as a secretary in the finance ministry. 1985–1990. We know this from our own experience from the 1960s to the 1990s. Here is what the RBI chief wrote in his resignation letter: “On account of personal reasons, I have decided to step down from my current position effective immediately. Since its establishment in 1935 by the Government of India, the RBI has been headed by twenty-five governors. After the resignation of Urjit Patel, the government made quick appointment of Shakthikanta Das in accordance with the demand of the circumstance. By: PTI | Updated: Jun 19, 2020 7:43 PM . Addressing the event, RBI Governor Shaktikanta Das said, "Indian economy has exhibited stronger-than-expected rebound; need to be watchful of demand sustainability after festive season." Today's top business news: Shares bounce back, RBI Governor says India's economic recovery stronger than expected, former CEA warns against allowing business houses into … With just nine months left for the completion of his tenure, Reserve Bank of India Deputy Governor Viral Acharya, resigned from his post, citing "personal reasons" for stepping down. The person who worked for the shortest time as the Governor of the Reserve Bank of India was Amitabh Ghosh. If the note has been issued in 2018, then notes would contain the signature of the Governor of that time. RBI issues the Indian Rupee currency notes and the notes have the signature of the current RBI Governor. RBI Governor Shaktikanta Das says capital account convertibility will continue to be a process, rather than an event In a joint write-up published on LinkedIn, former RBI Governor Raghuram Rajan and former RBI Deputy Governor Viral Acharya severely criticised the suggestion by the IWG, describing it a “bombshell”. 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. Venkitaramanan became the governor of RBI in 1990 and dealt with the balance of payments crisis before the LPG policy. RBI governor with the shortest term is Amitabh Ghosh (20 days. They have now chosen an easy way out : Lend to the less risky retail sector. He is an economist and served as Deputy Governor of the Reserve Bank of India. 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