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The deputy governor of the Reserve Bank of India is the second most senior executive of the Reserve Bank of India after its governor. Since its establishment in 1934 by the government of India, the RBI has had 63 deputy governors. Currently the rank of deputy governor is equivalent to the rank of secretary to the govt. of India.
Sir C. D. Deshmukh was the first Indian to serve as the governor. Sir Benegal Rama Rau was the longest serving governor. I. G. Patel, the fourteenth governor Manmohan Singh, the fifteenth governor, later served as the thirteenth prime minister of India Raghuram Rajan, the twenty-third governor Shaktikanta Das, the twenty-fifth governor Sanjay Malhotra, the twenty-sixth and the incumbent governor
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Swaminathan Janakiraman is an Indian career banker who served as the Managing Director State Bank of India from January 2021 until June 2023. On 20 June 2023, he was appointed as the Deputy Governor of Reserve Bank of India by the Government of India. [1] [2] He served the State Bank of India for 34 years and became a managing director. [3]
A total of 15 current governors previously served as lieutenant governor, while 11 previously served in the United States House of Representatives. [13] The governor's office has term limits in 37 states and 4 territories; these terms are four years except in New Hampshire and Vermont , where governors serve two-year terms.
M. Rajeshwar Rao is an Indian officer who is the Deputy Governor of Reserve Bank of India. [1] On September 26, 2023, his tenure was extended for another one year. [ 2 ] [ 3 ]
The board of governors is one of three key pillars making up the broader Federal Reserve System, along with the 12 regional reserve bank presidents and the Federal Open Market Committee (FOMC).
Shri S.S. Tarapore was the first RBI career economist who later became the Deputy Governor. Patra took charge as deputy governor on 15 January 2020, [10] and was assigned to look after RBI's monetary policy department, financial markets operations department, financial markets regulation department, international department, department of ...