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The Governor of the Reserve Bank of India is the
chief executive officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especial ...
of India's central bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union,
and oversees their commercial banking system. In contrast to a commercial bank, a central b ...
and the ''ex-officio
An ''ex officio'' member is a member of a body (notably a board, committee, council) who is part of it by virtue of holding another office. The term '' ex officio'' is Latin, meaning literally 'from the office', and the sense intended is 'by right ...
'' chair of its Central Board of Directors. Indian Rupee
The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use w ...
currency notes, issued by the Reserve Bank of India, bear the governor's signature. Since its establishment in 1935 by the government of India
The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, ...
, the RBI has been headed by twenty-fivegovernors. The governor of the Reserve Bank of India is a member of the Strategic Policy Group headed by National Security Advisor Ajit Doval
Ajit Kumar Doval KC (born 20 January 1945) is a bureaucrat & spymaster, serving as the fifth and current National Security Advisor (NSA) to the Prime Minister of India, with the precedence equivalent to Cabinet Minister. He previously served as ...
. It is a crucial wing of the National Security Council.
The term of office typically runs for three years and can, in some cases, be extended for another two years.
The inaugural officeholder was the British banker Sir Osborne Smith, while Sir C. D. Deshmukh was the first native Indian governor. Holding office for over seven years, Sir Benegal Rama Rau
Sir Benegal Rama Rau CIE, ICS (1 July 1889 – 13 December 1969) was the fourth Governor of the Reserve Bank of India from 1 July 1949 to 14 January 1957.
Early life and family
He was born in a Konkani-speaking Chitrapur Saraswat Brahmin fa ...
was the longest-serving governor, while Amitav Ghosh
Amitav Ghosh (born 11 July 1956)Ghosh, Amitav
, '''s 20-day term is the shortest. The bank's fifteenthgovernor, Dr Manmohan Singh, later became India's thirteenth prime minister.
, '''s 20-day term is the shortest. The bank's fifteenthgovernor, Dr Manmohan Singh, later became India's thirteenth prime minister.
Shaktikanta Das
Shaktikanta Das (born 26 February 1957) is serving as the current & 25th List of Governors of Reserve Bank of India, governor of the Reserve Bank of India (RBI). He was earlier a member of the Fifteenth Finance Commission, FifteenthFinance Commi ...
is the twenty-fifth governor of the Reserve Bank of India
The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible f ...
from 12 December 2018.
List of governors
References
External links
* {{Authority control Governors of the Reserve Bank of India Lists of office-holders in India Lists of central bankers