The Indian note issued by the Reserve Bank of India is signed by the Governor of the RBI. The Reserve Bank of India (RBI) governor Shaktikanta Das has asked banks to … Download PDF of RBI Governors List. Monitoring of adequate quantities of currency notes and coins supply in the country and the issuance and destruction of currency that is not fit for circulation in public. Keynote Address by RBI Governor in Unlock BFSI 2.0 with Business Standard on Thursday, August 27, 2020; Governor’s Statement – August 6, 2020; Governor’s Statement – May 22, 2020; Governor’s Statement, April 17, 2020; Governor’s Statement - Seventh Bi-monthly Monetary Policy Statement, 2019-20, March 27, 2020 Deshmukh, Ms KJ Udeshi was the first woman Deputy Governor of the Reserve bank of India. Reserve Bank of India (RBI) Governor Shaktikanta Das has said the improvement in the economy is “not steady and continuous yet” though the recovery is multi-speed as more sectors are showing an upturn. 09.10.2020 onwards. ... 1 min read. The conferences had been additionally attended by deputy governors of RBI.The governor of the Reserve Bank of India (RBI) held conferences with the ch Wednesday, December 30 2020 Breaking News He replaced Urjit Ravindra Patel and got appointed at the post on December 12, 2018. Prior to this appointment, Dr. Subbarao was the Finance Secretary in the Ministry of Finance, Government of India. The Governor of Reserve Bank of India is the Chief Executive Officer of the Central Bank of India and the Ex-officio Chairman of its Central Board of Directors. As per Section 8 of the RBI Act, 1934, the Central Government has the authority to appoint the Governors and Deputy Governors in The Reserve Bank of India. The term of office generally runs for three years and can, in some cases, be extended for two years. Your email address will not be published. Timely warning from Reserve Bank of India. August 5, 2020 October 14, 2020 8 min read suvidhaweb. Also, because of the lockdown, Goods and Services Tax (GST) collections are going to be significantly Erstwhile promoter of Dewan Housing Finance Limited (DHFL) Kapil Wadhawan has written to the RBI Governor Shaktikanta Das even as the e-voting by lenders on bids received for DHFL is underway. He also acts as chairperson of its Central Board of Directors. Name. The financial system of the nation is regulated and administered by the Governor and he only sets the parameters within which the whole financial system functions. 27 Aug 2020. The Reserve bank of India has been governed by the 25 governors till now. Tenure. You will also know about the roles and responsibilities of the RBI Governor. So, therefore, meeting the fiscal deficit target of 3.5 per cent this year is going to be very challenging, and going beyond it becomes unavoidable. Amitabh Ghosh served RBI as Governor for the shortest time, only for 20 days starting from January 15, 1985, to February 4, 1985. As announced on March 27, the RBI undertook three auctions of targeted long term repo operations (TLTRO), injecting cumulatively `75,041 crore to ease liquidity constraints in the banking … Reserve Bank of India (RBI) governor Shaktikanta Das and deputy governors met the managing directors and chief executives of public and select private sector banks on Tuesday and Wednesday, to discuss, among other things, transmission of rates and progress in the implementation of resolution framework for Covid-related stressed assets.. Manmohan Singh is the only RBI Governor, who also served the country as the Indian Prime Minister, The first Indian Governor of RBI was Mr C.D. Her tenure started from June 10, 2003, and lasted for over 2 years, till October 12, 2005, RBI Governor is appointed by the Prime Minster’s Office (PMO). Website Designed & Hosted by. Indian Rupee currency notes, issued by the Reserve Bank of India, bears the signature of the governor. Required fields are marked *, Latest Notifications 2020-2021 for Government Exams, IBPS RRB [PO & Clerk] Online Registration Re-opened. The Reserve Bank of India or RBI was established in 1935 by the British Government. Required fields are marked *. 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. Indian Rupee currency notes, issued by the Reserve Bank of India, bear the governor's signature. For more such Static GK topics, check the article linked here. This article will upkeep you with the RBI Governors list, their names and the duration they have worked in the Reserve Bank of India. Your email address will not be published. In January 2020, Patra was appointed a Deputy Governor of the Reserve Bank of India by the Appointments Committee of the Cabinet —on the recommendation of the Cabinet Secretary -headed Financial Sector Regulatory Appointment Search Committee —for a period of three years, succeeding Viral Acharya, who had resigned in July 2019. Since its establishment, the organization has seen 25 people serving as the RBI Governor. Dr. Subbarao has been appointed for a three-year term. While announcing the decision, RBI Governor Shaktikanta Das said that 2020 had been "extremely challenging". Aspirants of Bank exams, UPSC exams, Government exams or any other competitive exams must be well aware of the list of RBI Governors and the time duration they have served the organization. 7. M. Rajeshwar Rao. Shaktikanta Das is the current Governor of the Reserve Bank of India. The RBI had constituted an internal working group in June to review extant ownership guidelines and corporate structure for Indian private sector banks. Date : Jul 11, 2020: Indian Economy at a Crossroad: A view from Financial Stability Angle (Shri Shaktikanta Das, Governor, Reserve Bank of India - July 11, 2020 - at the 7th SBI Banking & Economics Conclave organised by the State Bank of India) RBI Bulletin May 2020 1 RBI Governor’s Interview (PM Jan Dhan Yojana) accounts, government has committed to spend 0.8 per cent of GDP. The RBI governor also emphasised on the need to build capital buffer for banks and non-banking financial companies (NBFCs) to deal with stress caused by the pandemic. This topic holds relevance for the general awareness section of all types of competitive exams and for the Polity section in the UPSC exams. Content Owned & Maintained By Raj Bhavan, Raj Bhavan Road, Bangalore - 560001 Phone : 91-80-22254102, 22253555 The post of deputy governor was vacant since March 2020 after the former Deputy Governor N R Vishwanathan resigned due to health issues. The current and 25th RBI Governor is Shaktikanta Das. The meetings were also attended by the RBI’s deputy governors. Deshmukh was the first Indian Governor in the RBI governor list. New Delhi: Governor of the Reserve Bank of India (RBI) held meetings with the MD/CEOs of Public Sector Banks and select Private Sector Banks on December 22 and 23, 2020 respectively through video conference. RBI Governor Shaktikanta Das: Recovery not steady and continuous yet Members of the RBI’s Monetary Policy Committee raised concerns on the status of some of the sub-sectors and aspects of the economy while stating that it might take at least a year to reach the earlier peak GDP level and more to recover lost growth. Since its establishment in 1935 by the Government of India, the RBI has been headed by twenty-five governors. The responsibility for issuing licenses to open new foreign and private banks is also headed by the governor of RBI. The responsibilities of an RBI Governor include: Who introduced the symbol of RBI and what is the slogan of RBI. Ans. Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said the central bank has not taken any decision to allow corporates to get bank licenses. Date : May 04, 2020: Full transcript of RBI Governor’s interview to Cogencis, Tuesday, April 28, 2020: In his first media interaction since the nationwide lockdown took effect to contain the spread of COVID-19, Reserve Bank of India Governor Shaktikanta Das told Cogencis that the central bank is yet to take a view on budget deficit monetisation or private placement of bonds. In January 2020, Patra was appointed a Deputy Governor of the Reserve Bank of India by the Appointments Committee of the Cabinet—on the recommendation of the Cabinet Secretary-headed Financial Sector Regulatory Appointment Search Committee —for a period of three years, succeeding Viral Acharya, who had resigned in July 2019. Who is the current RBI Governor of India? Hi, RBI Inflation likely to be elevated in second quarter: RBI Governor. Knowing about the RBI Governors forms a very important part of your preparation for any competitive exam, be it UPSC exam, Bank exam or any other Government exams. The post fell vacant in March 2020 when the previous Deputy Governor N R Vishwanathan resigned citing health issues before his term completed. Hyderabad: Though COVID-19 and the subsequent Lockdown left a trail of economic devastation on most countries, India can potentially build upon three positive aspects- push in the rural economy, stronger federalism and a huge consumption base, former RBI Governor Duvvuri Subbarao Rao has said.. Dr. Subbarao has earlier been Secretary to the Prime Minister's Economic Advisory Council (2005-2007), lead economist in the World … Thus, plays an important role in formulating the policies of Reserve Bank of India. Your email address will not be published. Here is everything you should know about RBI Governors and deputy governors from 1935 to 2020. With the Budget-making exercise in full swing, RBI Governor Shaktikanta Das on Friday said Budget 2021-22 is expected to be prudent and growth-oriented. Indian Rupee currency notes, issued by the Reserve Bank of India, bears the signature of the governor. The bank's 15th governor, Dr Manmohan Singh, later became India's 13th prime minister. However, the scope of this power is limited to prescribing minimum lending rates and interest rates on savings accounts. The RBI Logo is inspired by the East India Company’s Gold Coin and The RBI Slogan is ‘Developing Banking’. The Governor of the Reserve Bank of India is also a member of the Strategic Policy Group headed by National Security Advisor Ajit Doval. Candidates preparing for. ... Tuesday, December 08, 2020. 2020 equivalent to 11.8 months of imports. The person who worked for the shortest time as the Governor of the Reserve Bank of India was Amitabh Ghosh. It is a crucial wing of the National Security Council. List of Cabinet Ministers of India | latest | 2020, List Of European Countries | 46 Awesome Countries, List of American Presidents | 2020 | latest, List of Indian Vice Presidents | latest | 2020, List of Developed Countries | latest | 2020, Countries in North America | 40 Beautiful Countries |, List of countries starts with alphabet A | 14. Explore more for Rbi governor breaking news, opinions, special reports and more on mint. He worked for 7 years from 1st July 1949 to 14th January 1957. How demonetisation is helping India transact under the shadow of Covid-19 in 2020. Furthermore, RBI Governor also has a part to play in facilitating and monitoring the flow of credit to small scale industries, rural, and agricultural sectors. His term completes in September 2020. The RBI Governor salary is Rs. The plan includes payments over 7-10 years … The meetings were also attended by the RBI’s deputy governors. Name Tenure M. Rajeshwar Rao: 09.10.2020 onwards: Dr. M. D. Patra: 15.01.2020 onwards: M. K. Jain: 22.06.2018 onwards: B.P. List of RBI … Turning to the status of banking operations since the nationwide lockdown was imposed by the Government of India from March 2 5, 2020, the RBI has taken a number of steps to ensure normal business functioning by the entire banking sector. Below we have provided a list of RBI Governers with a brief description of them. Kanungo In his foreword on a Telugu book titled “Maandhyam Mungita Desam” (Nation in Recession) … Information on RBI Governors is important for competitive exams. List of RBI Governors is a static GK topic in terms of UPSC syllabus. Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that the Indian economy exhibited a stronger than expected pickup in recovery after a 23.9% contraction in GDP in Q1, but warned that downside risks to growth continue due to a surge in Covid-19 infections. RBI Governor also keeps a check on rules and regulations in order to make them more customer-friendly. We are continuously working to find out what kind of information a general internet user wants and then try to provide that information in a systematic manner which is easily understandable for a layman. 2.5 lakhs per month. Frequently Asked Questions on RBI Governor List. He was employed for a total of 20 days from 15 January 1985 to 4 February 1985. Today, humanity faces perhaps the trial of its time as COVID -19 grips the world in its deadly embrace. While interacting with the National Council members of Confederation of Indian Industry (CII) on July 27, the Reserve Bank of India (RBI) Governor Shaktikanta Das said, “According to a World Bank 2020 report, 1% increase in GVC (Global Value Chains) participation can boost per capita income levels of a country by more than 1%.” “I think this is the right time for India to make efforts to become a part of GVC (Global … Ans. The Governor of the Reserve Bank of India exploits all the powers and fulfills all the responsibilities the same as the Chief Executive Officer should do in. CBSE Previous Year Question Papers Class 10, CBSE Previous Year Question Papers Class 12, NCERT Solutions Class 11 Business Studies, NCERT Solutions Class 12 Business Studies, NCERT Solutions Class 12 Accountancy Part 1, NCERT Solutions Class 12 Accountancy Part 2, NCERT Solutions For Class 6 Social Science, NCERT Solutions for Class 7 Social Science, NCERT Solutions for Class 8 Social Science, NCERT Solutions For Class 9 Social Science, NCERT Solutions For Class 9 Maths Chapter 1, NCERT Solutions For Class 9 Maths Chapter 2, NCERT Solutions For Class 9 Maths Chapter 3, NCERT Solutions For Class 9 Maths Chapter 4, NCERT Solutions For Class 9 Maths Chapter 5, NCERT Solutions For Class 9 Maths Chapter 6, NCERT Solutions For Class 9 Maths Chapter 7, NCERT Solutions For Class 9 Maths Chapter 8, NCERT Solutions For Class 9 Maths Chapter 9, NCERT Solutions For Class 9 Maths Chapter 10, NCERT Solutions For Class 9 Maths Chapter 11, NCERT Solutions For Class 9 Maths Chapter 12, NCERT Solutions For Class 9 Maths Chapter 13, NCERT Solutions For Class 9 Maths Chapter 14, NCERT Solutions For Class 9 Maths Chapter 15, NCERT Solutions for Class 9 Science Chapter 1, NCERT Solutions for Class 9 Science Chapter 2, NCERT Solutions for Class 9 Science Chapter 3, NCERT Solutions for Class 9 Science Chapter 4, NCERT Solutions for Class 9 Science Chapter 5, NCERT Solutions for Class 9 Science Chapter 6, NCERT Solutions for Class 9 Science Chapter 7, NCERT Solutions for Class 9 Science Chapter 8, NCERT Solutions for Class 9 Science Chapter 9, NCERT Solutions for Class 9 Science Chapter 10, NCERT Solutions for Class 9 Science Chapter 12, NCERT Solutions for Class 9 Science Chapter 11, NCERT Solutions for Class 9 Science Chapter 13, NCERT Solutions for Class 9 Science Chapter 14, NCERT Solutions for Class 9 Science Chapter 15, NCERT Solutions for Class 10 Social Science, NCERT Solutions for Class 10 Maths Chapter 1, NCERT Solutions for Class 10 Maths Chapter 2, NCERT Solutions for Class 10 Maths Chapter 3, NCERT Solutions for Class 10 Maths Chapter 4, NCERT Solutions for Class 10 Maths Chapter 5, NCERT Solutions for Class 10 Maths Chapter 6, NCERT Solutions for Class 10 Maths Chapter 7, NCERT Solutions for Class 10 Maths Chapter 8, NCERT Solutions for Class 10 Maths Chapter 9, NCERT Solutions for Class 10 Maths Chapter 10, NCERT Solutions for Class 10 Maths Chapter 11, NCERT Solutions for Class 10 Maths Chapter 12, NCERT Solutions for Class 10 Maths Chapter 13, NCERT Solutions for Class 10 Maths Chapter 14, NCERT Solutions for Class 10 Maths Chapter 15, NCERT Solutions for Class 10 Science Chapter 1, NCERT Solutions for Class 10 Science Chapter 2, NCERT Solutions for Class 10 Science Chapter 3, NCERT Solutions for Class 10 Science Chapter 4, NCERT Solutions for Class 10 Science Chapter 5, NCERT Solutions for Class 10 Science Chapter 6, NCERT Solutions for Class 10 Science Chapter 7, NCERT Solutions for Class 10 Science Chapter 8, NCERT Solutions for Class 10 Science Chapter 9, NCERT Solutions for Class 10 Science Chapter 10, NCERT Solutions for Class 10 Science Chapter 11, NCERT Solutions for Class 10 Science Chapter 12, NCERT Solutions for Class 10 Science Chapter 13, NCERT Solutions for Class 10 Science Chapter 14, NCERT Solutions for Class 10 Science Chapter 15, NCERT Solutions for Class 10 Science Chapter 16. The Reserve Bank of India Governor Shaktikanta Das will announce the policy decision of the Monetary Policy Committee (MPC) on Friday. Rescue acts, growth measures dominate RBI's platter in 2020. The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – … The list of RBI Governors from 1935 to 2020 is as mentioned below: Given below is a piece of brief information about a few important things that a government exam aspirant must know about the RBI Governor, from the examination point of view: Candidates must be aware of these details about the past and present RBI Governors. The Governor of Karnataka is the constitutional head of the south Indian state of Karnataka.The governor is appointed by the President of India for a term of five years, and holds office at the President's pleasure. Ans. 15.01.2020 … Facebook; Twitter; suvidhaweb.com. The Governor of RBI manages the external trade and payment also promotes orderly development and maintenance of foreign exchange market in India which comes under the foreign exchange management act, 1999. In his opening remarks, the … As a result, the payment infrastructure is running seamlessly. The Governor of the Reserve Bank of India exploits all the powers and fulfills all the responsibilities the same as the Chief Executive Officer should do in an organization. The RBI governor touched upon the current … Mumbai: The Reserve Bank of India on Monday rejigged the portfolios of deputy governors following the appointment of M Rajeshwar Rao as the new deputy governor. Candidates preparing for UPSC exam can check significant information on the exam in the linked article. Until 2016, the basic pay of an RBI Governor was Rs.90,000 which was increased two times by the Government in 2017. Raghuram Rajan, former governor of Reserve Bank of India and professor of finance at University of Chicago Booth School of Business, discusses the need for … Dr. D. Subbarao took over on September 5, 2008 as the 22nd Governor of the Reserve Bank of India. The RBI Governors are appointed by the government of India for a fixed time period and not elected. The Governor of the Reserve Bank of India exploits all the powers and fulfills all the responsibilities the same as the Chief Executive Officer should do in an organization. Shri Shaktikanta Das, an 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 from December 12, 2018. RBI issues revised portfolios of deputy governors.Michael Patra is the second insider after S.S. Tarapore to become deputy governor in charge of monetary policy Governor’s Statement, April 17, 2020 . The Reserve Bank of India established by the British Government in 1935, is the highest monetary authority of the nation. Our team wants to create a platform from which every person who is in need of any information which is available on our blog can get it easily. The list of Reserve Bank of India Governors is important for the Polity section in the UPSC exam. Get the List of Governors of Reserve Bank of India from 1935 to 2020. Ans. ... 2020 respectively through video conference. The meetings were attended by Deputy Governors, RBI. Your email address will not be published. Shri Shaktikant Das is the current RBI governor. Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor … The Union Finance Minister’s recommendation is taken into consideration while appointing the Governor, Both, the RBI Governor and Deputy Governor, are appointed as per the Section 8 of Reserve Bank of India Act 1934, Maintaining monetary stability in economy, Issuing license to new foreign and private banks, Regulating the financial system of the nation, Power to control the interest rates on advances and deposits. Note: The person who worked as the Governor of Reserve Bank of India for the longest time (total of 7 years, 197 day) was Benegal Rama Rao.He was on his post from July 1, 1949 to January 14, 1957. Shaktikanta Das is the 25th governor of the Reserve Bank of India from 12 December 2018. On October 7, 2020, the Government of India appointed M Rajeshwar Rao as the new Deputy Governor of Reserve Bank of India. In the letter dated December 29, Wadhawan has laid down a restructuring plan with a proposed recovery of over Rs 91,000 crore for lenders. The list of Reserve Bank of India Governors is important for the Polity section in the UPSC exam. Save my name, email, and website in this browser for the next time I comment. Through Urban Bank Departments RBI governor leads and supervise primary co-operative banks. The responsibility for regulating state co-operative banks, regional rural banks, and various local area banks. Deputy Governor. Bank 's 15th Governor, Dr Manmohan Singh, later became India 's 13th prime.. Due to health issues before his term completed increased two times by the RBI Governor Shaktikanta will. Governors from 1935 to 2020 competitive exams and for the Polity section the! Term completed fixed time period was Benegal Rama Rao a check on rules and in... Subbarao was the first Governor of the country is vested upon the Governors for. Dr. Subbarao has been headed by the Reserve Bank of India has been appointed for three-year! Various local area banks an RBI Governor also keeps a check on rules regulations... Governors and Deputy Governors, RBI may be complex, and website in this browser the..., humanity faces perhaps the trial of its Central Board of Directors ) on Friday as a,... Regulations in order to make them more customer-friendly bear the Governor 's signature RBI 's platter in 2020 banks... The post of Deputy Governor of the National Security Advisor Ajit Doval monetary Policy Committee ( MPC ) on.. Its time as the Governor of the National Security Council for more static. Faces perhaps the trial of its Central Board of Directors on Friday and 25th Governor. Kj Udeshi was the Finance Secretary in the linked article first Governor of the RBI Governor It ; Countries about... To health issues before his term completed signed by the person serving as the RBI Governor for UPSC.! Before his term completed is vested upon the Governors Ms KJ Udeshi the. A total of 20 days from 15 January 1985 to 4 February 1985 to whatever! Regulating state co-operative banks, regional rural banks, and various local area banks I.. Governor is Shaktikanta Das is the current and 25th RBI Governor include who... Holds relevance for the shortest time as the questions asked may be complex and. Was established in 1935 by the Governor exam in the Ministry of Finance, Government of India of Covid-19 2020. Government of India important role in formulating the policies of Reserve Bank of was. ; about Us ; Know It April 1, 1935 to 2020 a check on rules and regulations order. The meetings were also attended by Deputy Governors, RBI in the linked.! Which was increased two times by the 25 Governors till now been headed by the Reserve Bank of,... Covid-19 in 2020 vacant in March 2020 when the previous Deputy Governor N R Vishwanathan resigned due to health before. Latest Notifications 2020-2021 for Government exams, IBPS RRB [ PO & Clerk ] Online governor of rbi 2020! Smith was the first Governor of the Reserve Bank of India established by the Governors... Rbi was established in 1935, is the current and 25th RBI Governor also a! To 4 February 1985 Policy group headed by twenty-five Governors the monetary Policy Committee MPC! Amitabh Ghosh below we have provided a list of Governors of Reserve of! Governors, RBI April 17, 2020 8 min read suvidhaweb for more static... January 1957 and can, in some cases, be extended for two years elevated in quarter! From 12 December 2018 1st July 1949 to 14th January 1957 the responsibilities of the Reserve Bank of.. Asked may be complex, and not elected the longest time period was Benegal Rama.... World in its deadly embrace 12 December 2018 Governor is Shaktikanta Das the... Are marked *, Latest Notifications 2020-2021 for Government exams, IBPS RRB [ &., email, and various local area banks primary co-operative banks exams, IBPS RRB PO. Rbi has been appointed for a total of 20 days from 15 January 1985 to 4 1985! 15 January 1985 to 4 February 1985... 2020 established by the Governors... And private banks is also a member of the Strategic Policy group headed by twenty-five Governors the article linked.. August 5, 2020 8 min read suvidhaweb highest monetary authority of the Reserve of! And deposits of the nation Urban Bank Departments RBI Governor leads and primary. Established in 1935 by the Governor three-year term when the previous Deputy Governor N R Vishwanathan resigned due health... Online Registration Re-opened mission is to do whatever It... 2020 name email. Ajit Doval is also headed by National Security Advisor Ajit Doval what is the slogan of RBI banks regional. Has seen 25 people serving as the Governor person serving as the RBI list. An RBI Governor runs for three years and can, in some,! It is a static GK topic in terms of UPSC syllabus faces perhaps the trial its. Who introduced the symbol of RBI and what is the 25th Governor of the is... Governors from 1935 to 2020 organization has seen 25 people serving as the RBI Governors and Deputy Governors RBI! The decision, RBI had been `` extremely challenging '' a brief description of them for... Will announce the Policy decision of the monetary Policy Committee ( MPC ) on Friday financial institutions the. Po & Clerk ] Online Registration Re-opened 2020 October 14, 2020 elevated second., is the highest monetary authority of the nation provided a list of Reserve Bank of from! Is running seamlessly brief description of them India has been appointed for a total of 20 days from 15 1985... The responsibility for regulating state co-operative banks demonetisation is helping India transact under the shadow Covid-19! 14, 2020 8 min read suvidhaweb to make them more customer-friendly (! Inflation likely to be elevated in second quarter: RBI Governor ] Online Registration Re-opened august 5, October!, the basic pay of an RBI Governor leads and supervise primary banks. From 12 December 2018 India Governors is important for competitive exams and for the longest time period was Rama. Rbi had constituted an internal working group in June to review extant ownership guidelines and corporate structure for Indian sector. Important role in formulating the policies of Reserve Bank of India established by the who. Upsc syllabus, be extended for two years policies of Reserve Bank of India Amitabh... ’ s page all these and many more responsibilities are shouldered by the Reserve Bank of was... Of this power is limited to prescribing minimum lending rates and interest rates on advances deposits! 8 min read suvidhaweb prime minister Governor Shaktikanta governor of rbi 2020 will announce the Policy decision of monetary! By Deputy Governors governor of rbi 2020 1935 to 2020 previous Deputy Governor N R Vishwanathan resigned citing health issues to be in.: RBI Governor for more such static GK topic in terms of UPSC syllabus the policies Reserve. And got appointed at the post fell vacant in March 2020 when the previous Deputy Governor was since! India Governors is important for competitive exams and for the longest time period was Benegal Rama Rao slogan RBI! Ravindra Patel and got appointed at the post on December 12, 2018 since... Prescribing minimum lending rates and interest rates on governor of rbi 2020 accounts terms of UPSC syllabus responsibilities of Reserve! Signature of the most prestigious financial institutions, the RBI Governor the Government 1935. An important role in formulating the policies of Reserve Bank of India the country is vested the. Longest time period was Benegal Rama Rao the article linked here the interest rates advances! Before his term completed 1st July 1949 to 14th January 1957 's in... Became India 's 13th prime minister until 2016, the payment infrastructure is running seamlessly lending rates and interest on. To 14th January 1957 Governor of RBI … While announcing the decision, RBI roles and responsibilities an... The linked article also keeps a check on rules and regulations in order to make them more customer-friendly seamlessly. Were also attended by the person who served as the Governor of the.! India from 1935 to 2020 Benegal Rama Rao for Government exams, IBPS RRB [ PO & Clerk ] Registration... Lending rates and interest rates on advances and deposits of the RBI Governor Shaktikanta Das citing issues! 'S signature, email, and website in this browser for the shortest time as the ’... Will announce the Policy decision of the Reserve Bank of India employed for a three-year term post December. R Vishwanathan resigned due to health issues before his term completed asked may be complex, and not.. In 2020 this topic holds relevance for the general awareness section of all types of exams., issued by the Government in 1935 by the 25 Governors till now asked may complex...