Sir Panambur Raghavendra Rau, IAAS (24 May 1889 – 23 January 1942) was an Indian civil servant. He was born in

Panambur Panambur is one of the localities in Mangalore famous as a tourist spot and also a major industrial area. Panambur is also the site of Karnataka's only major port New Mangalore Port. Other major industries, namely Mangalore Chemicals & Fertili ...

in 1889. He studied at Kundapur High School where he won the M.R.R.Y. Medal for standing first in the Presidency Matriculation Examination in 1904. In 1907, he graduated from Madras Christian College, in which he stood first in all the examinations at the university level, winning the prestigious Gunn Medal. He joined the

Indian Audits and Accounts Service Indian Audit and Accounts Service is a Central Group 'A' central civil service under the Comptroller and Auditor General of India, Government of India. The central civil servants under the Indian Audit and Accounts Service serve in an audit mana ...

in 1912. He was successively the Assistant Controller of Currency, Assistant Secretary and Under Secretary, Finance Department, Government of India, Assistant Secretary, Lee Commission, and deputy director of Finance, Railway Board. As budget officer and secretary, Public Accounts Committee, he was also the treasurer of Delhi University. He served as Financial Commissioner for the Accounts Service on the Indian Railways between 1932 and 1937, and was the first Indian to hold this post. He served as Accountant-General, Bombay, as government director on the Central Board of the Reserve Bank of India and finally as Additional Secretary of the Finance Department at the Government of India until his death. He was also the first Indian to hold this post. He was knighted in 1937. Sir P Raghavendra Rau was also the first Indian to sign the one-rupee note but it never went into circulation because he died in 1942 from diabetes before he officially became finance secretary."Sir Raghavendra Rau Dead." ''The Hindustan Times'', 24 January 1942

References

{{DEFAULTSORT:Rau, Panambur Raghavendra 1889 births 1942 deaths Knights Bachelor Indian Knights Bachelor Indian bankers Indian civil servants Konkani people Members of the Central Legislative Assembly of India People from Dakshina Kannada district Mangaloreans Businesspeople from Karnataka Deaths from diabetes