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The preamble of the Reserve Bank of India describes the basic functions of the reserve bank as: [13]...to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly complex ...
Indian Rupee currency notes, issued by the Reserve Bank of India, bear the governor's signature. Since its establishment in 1935 by the government of the Republic of India, the RBI has been headed by twenty-six governors. The governor of the Reserve Bank of India is a member of the Strategic Policy Group headed by National Security Advisor Ajit ...
When he returned to India, he was appointed Chairman of the Bombay Port Trust (1941–1946). After serving in the post he once again served as a diplomat as the Indian Ambassador to Japan (1947–1948), and as the Ambassador to the United States (1948–1949). His last position was as the Governor of the Reserve Bank of India.
Maidavolu Narasimham (3 June 1927 – 20 April 2021) was an Indian banker who served as the thirteenth governor of the Reserve Bank of India (RBI) from 2 May 1977 to 30 November 1977. [2] For his contributions to the banking and financial sector in India, he is often referred to as the father of banking reforms in India.
Deepali Pant Joshi is a former executive director of the Reserve Bank of India (retired in 2017). [1] She is a development economist and a writer on economic subjects. [2] Her professional responsibilities have included the Department of Currency Management, Legal Department and Premises Department.
Indraprasad Gordhanbhai Patel (11 November 1924 – 17 July 2005), [3] [4] popularly known as I. G. Patel, was an Indian economist and civil servant who served as the fourteenth Governor of the Reserve Bank of India from 1 December 1977 to 15 September 1982.
Sir Osborne Arkell Smith, KCSI, KCIE (26 December 1876 – 30 August 1952) was the first Governor of the Reserve Bank of India, a post he held from 1 April 1935 to 30 June 1937. Smith was a professional banker who served for 20 years with the Bank of New South Wales and 10 years with the Commonwealth Bank of Australia.
Ashok Kumar Sarangi (born 15 June 1959) is a 1987 Batch Grade-A Officer of Reserve Bank of India. He was a Chief General Manager in RBI. He was also the Chief Vigilance Officer (CVO) and Transparency Officer. [1] He is the only public sector executive to simultaneously hold these three positions. He was also editor of the journal Without ...