Some useful information about the present RBI governor and past governors
Dr. Raghuram Govinda Rajan
- Dr. Raghuram Rajan assumed charge as the 23rd Governor of the Reserve Bank of India on September 4, 2013.
- Prior to this, he was the Chief Economic Advisor, Ministry of Finance, Government of India and the Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago’s Booth School. Between 2003 and 2006, Dr. Rajan was the Chief Economist and Director of Research at the International Monetary Fund.
- He has co-authored Saving Capitalism from the Capitalists with Luigi Zingales in 2003. He then wrote Fault Lines: How Hidden Fractures Still Threaten the World Economy, for which he was awarded the Financial Times-Goldman Sachs prize for best business book in 2010.
- Dr. Rajan is a member of the Group of Thirty.
The Group of Thirty, often abbreviated to G30, is an international body of leading financiers and academics which aims to deepen understanding of economic and financial issues and to examine consequences of decisions made in the public and private sectors related to these issues.
Current Deputy Chairman of the Planning Commission of India, Montek Singh Ahluwalia was a former member of Group of Thirty.
- Dr. Raghuram Rajan was the President of the American Finance Association in 2011 and is a member of the American Academy of Arts and Sciences. In January 2003, the American Finance Association awarded Dr. Rajan the inaugural Fischer Black Prize for the best finance researcher under the age of 40. The other awards he has received include the global Indian of the year award from NASSCOM in 2011, the Infosys prize for the Economic Sciences in 2012, and the Center for Financial Studies-Deutsche Bank Prize for financial economics in 2013.
Past Governors of RBI
- Prime Minister Dr Manmohan Singh was the 15th Governor of the Reserve Bank of India.
- Sir Osborne Smith was the first Governor of the Reserve Bank. He resigned prior to the completion of his term of office of three and a half years. Sir Osborne, however, did not sign any bank notes during his tenure.
- Sir James Braid Taylor was the second Governor of the Reserve Bank.
- Sir C D Deshmukh was the third Governor and the first Indian Governor of the Reserve Bank.
- Dr. C Rangarajan was the 19th Governor of the Reserve Bank. Currently, he is the Chairman of the Prime Minister's Economic Advisory Council.
- Dr. D. Subbarao was the 22nd Governor of the Reserve Bank of India.
