The Reserve Bank of India (RBI) is the country’s central bank. It is in charge of governing the country’s monetary policies. The RBI was established on April 1, 1935, under the RBI Act of 1934, on the proposal of the “Hilton – Young Commission.” It began as a privately owned bank before being nationalized on January 1, 1949, following India’s independence. The RBI is headquartered in Mumbai, but it was originally based in Kolkata before moving to Mumbai in 1937. The Governor of the Reserve Bank of India is appointed by the Government of India. The RBI has had 25 governors so far. In the List of RBI Governors, the first governor of the RBI was Osborne Smith in 1935, and the current governor is Shaktikanta Das.
List of RBI Governors
| RBI Governors Names | Time Period 1935-2022 |
| Sir Osborne Smith | April 1, 1935 – June 30, 1937 |
| Sir James Braid Taylor | July 1, 1937 – February 17, 1943 |
| Sir C.D. Deshmukh | August 11, 1943 – June 30, 1949 |
| Sir Bengal Rama Rau | July 1, 1949 – January 14, 1957 |
| K.G. Ambegaonkar | January 14, 1957 – February 28, 1957 |
| H.V.R Lyengar | March 1, 1957 – February 28, 1962 |
| P.C Bhattacharya | March 1, 1962 – June 30, 1967 |
| L.K. Jha | July 1, 1967 – May 3, 1970 |
| B.N. Adarkar | May 4, 1970 – June 15, 1970 |
| S. Jagannathan | June 16, 1970 – May 19, 1975 |
| N.C. Sen Gupta | May 19, 1975 – August 19, 1975 |
| K.R. Puri | August 20, 1975 – May 2, 1977 |
| M. Narasimham | May 3, 1977 – November 30, 1977 |
| I.G. Patel | December 1, 1977 – September 15, 1982 |
| Manmohan Singh | September 16, 1982 – January 14, 1985 |
| Amitav Gosh | January 15, 1985 – September 4, 1985 |
| R.N. Malhotra | February 4, 1985 – December 22, 1990 |
| S. Vpnldraramanan | December 22, 1990 – December 21, 1992 |
| C. Rangarajan | December 22, 1992 – November 21, 1997 |
| Bimal Jalan | November 22, 1997 – September 6, 2003 |
| Y.V. Reddy | September 6, 2003 – September 5, 2008 |
| D. Subbarao | September 5, 2008 – September 4, 2013 |
| Raghuram G. Raj an | September 4, 2013 – September 4, 2016 |
| Urjit Ravindra Patel | September 4, 2016 – December 10, 2018 |
| Shaktikanta Das | December 12, 2018 – till date |
Osborne Smith
C. D. Deshmukh
Shaktikanta Das
1st April 1935
1st January 1949
35 years and above
three years as per constitution but it can be extended upto 2 years