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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. Initially it was below the cabinet secretary rank but currently it an equivalent rank to cabinet secretary.
A Ghosh was the Deputy Governor of the Bank since 1982 when he was appointed Governor for a brief period of 15 days till R N Malhotra could take over.
Das assumed charge as RBI governor on 12 December 2018. Reactions of the markets to Das' appointment was positive, with BSE SENSEX gaining 629 points and NIFTY 50 increasing by 188 points. As RBI governor, Das serves as the ex-officio chairperson of the Monetary Policy Committee of the central bank.
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.
The RBI Governors are appointed by the government of India for a fixed time period and not elected. The Indian note issued by the Reserve Bank of India is signed by the Governor of the RBI. The list of Reserve Bank of India Governors is important for the Polity section in the UPSC exam.
5 days ago · The RBI Governor went on to say that “there cannot be any wavering or distractions at this stage”. “Any distractions will severely compromise growth,” he said. Despite the recent moderation in inflation, Das warned that severe weather-related shocks could push inflation back above 5%. With growth remaining robust, the RBI is determined ...
Inaugural Address by Shri Shaktikanta Das, Governor at the 18th Statistics Day Conference organised by the Department of Statistics and Information Management, Reserve Bank of India, Mumbai, June 28, 2024. RBI announces the SAARC Currency Swap Framework for the period 2024 to 2027.
Shri Shaktikanta Das, IAS Retd., former Secretary, Department of Revenue and Department of Economic Affairs, Ministry of Finance, Government of India assumed charge as the 25th Governor of the Reserve Bank of India effective December 12, 2018.
Oct 29, 2021 · The Government of India has extended the tenure of Reserve Bank of India (RBI) governor Shaktikanta Das for period of three years, through an order issued late on Friday.
Apr 5, 2024 · RBI MPC 2024 Live Updates: RBI Governor Shaktikanta Das is all set to address the post-policy decision press meet. The governor will address the questions on RBI's latest monetary decision and the questions on recent macroeconomic and financial developments.
