The Governor of Reserve Bank of India plays a key role in shaping the country’s monetary policies and maintaining financial stability. Since its establishment in 1935, the Reserve Bank of India Governor has been responsible for guiding the economy through changing times. Over the years, the Governor of RBI has overseen crucial reforms, currency management, and regulation of the banking sector. Knowing the RBI Governor of India and their contributions helps us understand how India’s financial system has evolved. This blog provides a complete RBI Governor list from the very first governor to the present, giving you insights into their tenure, achievements, and impact on India’s economy.
RBI Governor 2016
In 2016, the RBI Governor in India was Dr. Raghuram Rajan until September, after which Dr. Urjit Patel took charge. Rajan was known for his reforms in banking and inflation control, while Urjit Patel, who became the RBI Governor 2016, focused on implementing the inflation-targeting framework. Their leadership marked a crucial period in India’s monetary history.
Who is the Current Governor of RBI?
The now RBI Governor is Shaktikanta Das, who took office in December 2018. As the 25th governor, he continues to guide monetary policies, digital payment growth, and financial stability. Known for his practical approach, he has been steering the RBI governor in India through global economic challenges.
First Governor of RBI
The 1st RBI Governor of India was Sir Osborne Smith, appointed in April 1935 when the Reserve Bank of India was established. However, the 1st Indian Governor of RBI was C. D. Deshmukh, who served from 1943 to 1949. Remembering the RBI first Indian Governor is important as he set the foundation for India’s independent financial system.
25th Governor of RBI
The 25th Governor of RBI is Shaktikanta Das, who assumed office in December 2018 and continues to serve. With years of administrative and economic experience, he plays a vital role in maintaining stability in India’s economy. His leadership highlights the importance of the first Indian Governor of Reserve Bank of India to the present era of modern financial reforms.
Governor Of RBI Of India List August 2025
The Reserve Bank Governor holds one of the most important positions in India’s financial system. From currency management to banking regulation, every RBI Governor name has played a vital role in shaping the country’s economy. The RBI governors list gives us a clear picture of how leadership has evolved over the years. The first Governor of RBI was Sir Osborne Smith, appointed in 1935. However, the RBI 1st Governor was followed by many great leaders who contributed to India’s growth. If you want to know about the RBI governor of India list, this detailed table highlights every RBI first governor to the present, along with their tenure month and year.
RBI Governors List August 2025
RBI Governor Name | Tenure Start (Month-Year) | Tenure End (Month-Year) |
Sir Osborne Smith (1st Governor of RBI) | Apr 1935 | Jun 1937 |
Sir James Braid Taylor | Jul 1937 | Feb 1943 |
C. D. Deshmukh | Aug 1943 | Jun 1949 |
Benegal Rama Rau | Jul 1949 | Jan 1957 |
K. G. Ambegaonkar (Acting) | Jan 1957 | Feb 1957 |
H. V. R. Iengar | Mar 1957 | Feb 1962 |
P. C. Bhattacharya | Mar 1962 | Jun 1967 |
L. K. Jha | Jul 1967 | May 1970 |
B. N. Adarkar (Acting) | May 1970 | Jun 1970 |
S. Jagannathan | Jun 1970 | May 1975 |
N. C. Sen Gupta (Acting) | May 1975 | Aug 1975 |
K. R. Puri | Aug 1975 | May 1977 |
M. Narasimham | May 1977 | Nov 1977 |
I. G. Patel | Dec 1977 | Sep 1982 |
Manmohan Singh | Sep 1982 | Jan 1985 |
Amitav Ghosh (Interim) | Jan 1985 | Feb 1985 |
R. N. Malhotra | Feb 1985 | Dec 1990 |
S. Venkitaramanan | Dec 1990 | Dec 1992 |
C. Rangarajan | Dec 1992 | Nov 1997 |
Bimal Jalan | Nov 1997 | Sep 2003 |
Y. V. Reddy | Sep 2003 | Sep 2008 |
D. Subbarao | Sep 2008 | Sep 2013 |
Raghuram Rajan | Sep 2013 | Sep 2016 |
Urjit Patel | Sep 2016 | Dec 2018 |
Shaktikanta Das | Dec 2018 | Present |
The RBI governors list shows how each leader has played a significant role in India’s economic journey. From the RBI 1st governor Sir Osborne Smith to the present governor Shaktikanta Das, every Reserve Bank Governor has contributed towards stabilizing India’s financial system. Knowing the RBI governor of India list not only helps in exams and general awareness but also gives us insights into how monetary policies have evolved over decades. Whether you’re learning about the first governor of RBI or the current leadership, this timeline highlights the importance of the RBI governor name in India’s financial history.
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