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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 was the longest-serving governor, while Amitav Ghosh 's 20-day term is the shortest.
No.GovernorTerm [1]Length Of Tenure2512 December 2018 — Incumbent5 years, 190 days244 September 2016 — 10 December 20182 years, 98 days234 September 2013 — 4 September 20163 years, 0 days225 September 2008 — 4 September 20134 years, 364 daysM Narasimham was the first and so far the only Governor to be appointed from the Reserve Bank cadre, having joined the Bank as a Research Officer in the Economic Department. He later joined the Government and prior to his appointment as Governor he served as Additional Secretary, Department of Economic Affairs.
- Sir Osborne Smith. 01-04-1935 to 30-06-1937. Sir Osborne Smith was the first Governor of the Reserve Bank. 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.
- Sir Benegal Rama Rau. 01-07-1949 to 14-01-1957. Sir Benegal Rama Rau, a member of the Indian Civil Service, was the longest serving Governor of the Bank. Prior to joining the Bank he served as the Indian Ambassador to the United States.
- P C Bhattacharya. 01-03-1962 to 30-06-1967. P C Bhattacharya, a member of the Indian Audit and Account Service, served as Secretary in the Finance Ministry and later as Chairman of the State Bank of India prior to his appointment as Governor.
- L K Jha. 01-07-1967 to 03-05-1970. L K Jha, a member of the Indian Civil Service, served as Secretary to the Prime Minister, prior to his appointment as Governor.
Learn about the names, tenure, and roles of the RBI Governors, the highest monetary authority of India. The first RBI Governor was Sir Osborne Smith, a British banker, and the first Indian Governor was Sir C.D. Deshmukh.
- Ans. The RBI Governor salary is Rs. 2.5 lakhs per month. Until 2016, the basic pay of an RBI Governor was Rs.90,000 which was increased two times b...
- Ans. Shaktikanta Das is the current Governor of the Reserve Bank of India. He replaced Urjit Ravindra Patel and got appointed at the post on Decemb...
- Ans. The responsibilities of an RBI Governor include: Maintaining monetary stability in economy Issuing licenses to new foreign and private banks R...
- Ans. Sir Osborne Smith was the first Governor of Reserve Bank of India. His tenure lasted from April 1, 1935 to June 30, 1937.
- Ans. As per Section 8 of the RBI Act, 1934, the Central Government has the authority to appoint the Governors and Deputy Governors in The Reserve B...
Jun 22, 2023 · Who was the first Governor of RBI? Sir Osborne Smith was the first Governor of the Reserve Bank of India. He served on this post from 1 April 1935 to 30 June 1937.
Dec 12, 2023 · Q. Who was the first governor of Reserve Bank of India? The first Governor of the RBI was Sir Osborne Smith, who held the position from 1 April 1935 until 30 June 1937. Q. How long is a Governor of the RBI’s term? A Governor of the RBI normally serves a five-year term.
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Jun 6, 2024 · First Indian Governor of RBI. The first Indian to serve as the Governor of the Reserve Bank of India (RBI) was C.D. Deshmukh. He assumed office on August 11, 1943, becoming the first Indian to hold this prestigious position.
