List of deputy governors of the Reserve Bank of India

Last updated

Deputy Governor of the Reserve Bank of India
AppointerGovernment of India
Term length Three years
Constituting instrument Reserve Bank of India Act, 1934
Inaugural holder James Braid Taylor and Sikandar Hayat Khan
DeputyExecutive Director
Salary₹ 2,25,000/-
Website www.rbi.org.in/scripts/deputygovernors.aspx

The deputy governor of the Reserve Bank of India is the second most senior executive of the Reserve Bank of India after its governor. Since its establishment in 1934 by the government of India, the RBI has had 63 deputy governors. Currently the rank of deputy governor is equivalent to the rank of secretary to the govt. of India.

Contents

The term of office typically runs for three years and can, in some cases, be extended for another two years.

The inaugural officeholder was James Braid Taylor, while K J Udeshi holds the unique distinction of becoming the first female deputy governor of the Reserve Bank of India.

Currently there are four incumbent deputy governors of the Reserve Bank of India

RBI deputy governors list

List of deputy governors of the Reserve Bank of India
No.OfficeholderPortraitTerm startTerm endTerm in officeBackgroundOther offices heldReferences
1 James Braid Taylor Sir James Braid Taylor.jpg 1 April 193530 June 19372 years, 90 days Civil servant Indian Civil Service officer [1] [2] [3]
2 Sikandar Hayat Khan Sir Sikandar Hayat Khan.png 1 April 193520 October 1935202 days Politician Prime Minister of Punjab
[1] [2] [3]
3 Manilal Balabhai Nanavati 21 December 193621 December 19415 years, 0 days Freedom fighter [1] [2] [3]
4 C. D. Deshmukh CD Deshmukh crop.jpg 22 December 194110 October 19431 year, 292 days  Indian Civil Service officer Minister of Finance [1] [2] [3]
5Wajahat Hussain16 August 19434 December 19452 years, 49 days  [1] [2] [3]
6C.R. Trevor16 August 194331 December 19496 years, 137 days  [1] [2] [3]
7M.G. Mekhri8 July 19467 July 19514 years, 364 days  [1] [2] [3]
8W.T. McCallum15 April 194614 July 19482 years, 90 days  [1] [2] [3]
9N. Sundaresan1 January 195031 December 19544 years, 364 days  [1] [2] [3]
10Ram Nath8 June 19518 July 19598 years, 30 days  [1] [2] [3]
11 K. G. Ambegaonkar 1 March 195529 February 19604 years, 365 days  Indian Civil Service officer Governor of the Reserve Bank of India [1] [2] [3]
12 Borra Venkatappaiah 1 July 195528 February 19626 years, 242 days Career banker Chairman of the State Bank of India [1] [2] [3]
13M.V. Rangachari1 March 196028 February 19654 years, 364 days  [1] [2] [3]
14 Dattatreya Gopal Karve 1 March 196229 February 19641 year, 365 days EconomistProfessor at Fergusson University
[1] [2] [3]
15C.S. Divekar12 November 196211 November 19652 years, 364 days  [1] [2] [3]
16M.R. Bhide29 February 196425 January 19672 years, 331 days  [1] [2] [3]
17B.K. Madan1 July 196431 January 19672 years, 214 days EconomistChairman of IDBI Bank [1] [2] [3]
18 B. N. Adarkar 16 June 19653 May 19704 years, 321 days Economist Governor of the Reserve Bank of India [1] [2] [3]
19A. Bakshi24 January 19678 September 19692 years, 227 days  [1] [2] [3]
20J.J. Anjaria1 February 196728 February 19703 years, 27 days  [1] [2] [3]
21P.N. Damry13 February 196715 March 19725 years, 31 days Economist [1] [2] [3]
22 Rabindra Kishen Hazari 27 November 196926 November 19777 years, 364 days  [1] [2] [3]
23 V. V. Chari 17 November 197030 November 19755 years, 13 days  [1] [2] [3]
24S.S. Shiralkar18 December 197025 July 19765 years, 220 days  [1] [2] [3]
25R.K. Sheshadri26 July 197325 July 19762 years, 365 days  [1] [2] [3]
26K.S. Krishnaswamy29 December 197531 March 19815 years, 92 days Economist [1] [2] [3]
27P.R. Nangia29 December 197515 February 19826 years, 48 days  [1] [2] [3]
28J.C. Luther4 January 19771 June 1977148 days  [1] [2] [3]
29M. Ramakrishnayya4 January 19771 June 1977148 days  Indian Administrative Service officerChairman of the National Bank for Agriculture and Rural Development [1] [2] [3]
30 Amitav Ghosh 21 January 198220 January 19929 years, 364 days Career banker Governor of the Reserve Bank of India [1] [2] [3]
31 C. Rangarajan 12 February 198220 August 19919 years, 189 days Career banker Governor of the Reserve Bank of India [1] [2] [3]
32M.V. Hate12 March 198211 March 19852 years, 364 days  [1] [2] [3]
33R.K. Kaul1 October 198330 September 19862 years, 364 days  [1] [2] [3]
34P.D. Ojha29 April 198528 April 19904 years, 364 days  [1] [2] [3]
35P.R. Nayak1 April 198731 March 19924 years, 365 days  [1] [2] [3]
36R. Janakiraman1 April 198731 March 19924 years, 365 days Managing director of the State Bank of India [1] [2] [3]
37S.S. Tarapore30 January 199230 September 19964 years, 244 days  [1] [2] [3]
38 D. R. Mehta 11 November 199221 February 19953 years, 102 days EconomistChairman of the Securities and Exchange Board of India [1] [2] [3]
39S.P. Talwar7 November 199430 June 20016 years, 235 days  [1] [2] [3]
40R.V. Gupta2 May 199530 November 19972 years, 212 days  [1] [2] [3]
41 Y. V. Reddy 14 September 199631 July 20025 years, 320 days Career banker Governor of the Reserve Bank of India [1] [2] [3]
42 Jagdish Capoor 1 January 199730 June 20014 years, 180 days Career bankerChairman of HDFC Bank [1] [2] [3]
43Vepa Kamesam1 July 200123 December 20032 years, 175 days Career bankerManaging director of the State Bank of India [1] [2] [3]
44G P Muniappan1 July 200131 May 20031 year, 334 days Career bankerChairman of the Deposit Insurance and Credit Guarantee Corporation [1] [2] [3]
45 Rakesh Mohan 9 September 200210 June 20096 years, 274 days EconomistConsultant at the Planning Commission [1] [2] [3]
46K J Udeshi10 June 200312 December 20052 years, 185 days Career bankerChairman of Bharatiya Reserve Bank Note Mudran [1] [2] [3]
47V Leeladhar21 September 20048 December 20084 years, 78 days Career bankerChairman of Union Bank of India [1] [2] [3]
48 Shyamala Gopinath 21 September 20048 December 20084 years, 78 days Career bankerChairman of HDFC Bank [1] [2] [3]
49 Usha Thorat 10 November 20059 November 20104 years, 364 days Career banker [1] [2] [3]
50 Kamalesh Chandra Chakrabarty 15 June 200925 April 20144 years, 314 days Career bankerChairman of Bank of Baroda [1] [2] [3]
51 Subir Gokarn 24 November 200931 December 20123 years, 37 days EconomistProfessor at Stanford University [1] [2] [3]
52 Anand Sinha 19 January 201118 January 20142 years, 364 days Career bankerChairman of the Export Credit Guarantee Corporation of India [1] [2] [3]
53 Harun Rashid Khan 4 July 20114 July 20165 years, 0 days Career bankerChairman of the National Bank for Agriculture and Rural Development [1] [2] [3]
54 Urjit Patel 11 January 20134 September 20163 years, 237 days Career banker Governor of the Reserve Bank of India [1] [2] [3]
55 R Gandhi 3 April 20142 April 20173 years, 237 days Career banker [1] [2] [3]
56Subhash Sheoratan Mundra31 July 201430 July 20172 years, 364 days Career banker [1] [2] [3]
57 Viral Acharya 23 January 201723 January 20192 years, 0 days Career banker [1] [2] [3]
58 N. S. Vishwanathan 4 July 201631 March 20203 years, 271 days Career banker [1] [2] [3]
59B.P. Kanungo3 April 20172 April 20213 years, 364 days Career banker [1] [2] [3]
60 Mahesh Kumar Jain 22 June 201826 June 20236 years, 97 days Career banker [1] [2] [3]
61 Michael Patra 15 January 2020Incumbent4 years, 256 days Career banker [1] [2] [3]
62 M. Rajeshwar Rao 9 October 2020Incumbent3 years, 354 days Career banker [1] [2] [3]
63 T. Rabi Sankar 3 May 2021Incumbent3 years, 147 days Career banker [1] [2] [3]
64 Swaminathan Janakiraman 26 June 2023Incumbent1 year, 93 days Career bankerManaging Director of the State Bank of India [1] [2] [3]

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References

  1. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 "Deputy Governors". Reserve Bank of India.
  2. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 [ self-published source? ]
  3. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 Bajoria, Rahul (20 October 2018). The Story of The Reserve Bank of India. Rupa Publications. p. 1. ISBN   978-9353046446.