Even though there have been instances of RBI governors serving two terms or being the RBI governor for 5-7 years, but is usually … In retrospect, he was probably way too good for us. A Ghosh (January-February, 1985) A Ghosh served as interim governor for short period. Dr Patel, who took over as the 24th governor of the central bank on September 5, 2016, after Dr Rajan quit ahead of DeMo, has had the shortest tenure as RBI governor since 1992. We should avoid putting ex-bureaucrats in these positions. Comment. A statement issued by him on Monday reads: "On account of personal reasons, I have decided to step down from my current position effective immediately. Abc Large. 22 Dec 1992 : C. Rangarajan appointed Governor. All RBI Governors in recent past had got second term — C Rangarajan (1992—97), Bimal Jalan (1997—03), YV Reddy (2003—08) to D Subbarao (2008—13). If denied extension, he will be the first RBI Governor since 1992 to not have a five-year term. Just last month, at the peak of a public spat between the RBI and the Centre, he commended RBI Governor Urjit Patel for showing the “spine”. After handing over the … Abc Small. Who is the current RBI Governor of India? Eventful 2 years for RBI governor Das: Well begun, and a lot done! The longest serving Governor of the RBI, Rau’s tenure saw the commencement of the Planning Era as well as encouraging steps towards co-operative credit and industrial finance. Under pressure from SBI, Harshad paid up around Rs 620 crore between April 13 and April 24. Reserve Bank of India's (RBI) Governor for 21 days, Amitabha Ghosh, passed away on Tuesday at the age of 90. The Reserve Bank of India Act, 1934 governs the functions of the RBI and the all-powerful RBI governor. Kanungo “Whether the management of the public debt should be with the RBI is a controversial issue,” said C. Rangarajan, governor at the RBI from 1992 to 1997. He also had the shortest tenure as RBI governor since S Venkitaramanan. Font Size. 1992 : SEBI formulated 'Insider Trading Regulations'. Osborn Smith was the first RBI governor and the first to resign from his post. Topics: RBI Governor • Reserve Bank of India. Published: April 28, 2011 . … Period. 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. Tenure of Dr. Manmohan Singh as RBI Governor saw amendment of RBI Act and set up of Urban Banks Department in RBI. RBI Governor’s and their tenure. 1993 : Guidelines for the establishment of private sector banks issued. 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 … Jun 1994 : National Stock Exchange … Urjit Patel (born 28 October 1963) is an Indian economist, who served as the 24th Governor of the Reserve Bank of India (RBI) from 4 September 2016 to 10 December 2018. Full transcript of RBI Governor’s interview to Cogencis, Tuesday, April 28, 2020 - 132 kb: Mar 06, 2020: Micro, Small and Medium Enterprises: Challenges and Way Forward - Shri Shaktikanta Das, Governor, Reserve Bank of India - March 6, 2020 - at the 15th ASSOCHAM Annual Banking Summit: 210 kb: Feb 24, 2020 › Eventful 2 years for RBI governor Das: Well begun, and a lot done! That could be yet another lasting contribution of Raghuram Rajan, the current governor. This heralds a new policy approach aimed at fostering greater competition. The Governor of the Reserve Bank of India is the Chief Executive of India’s Central Bank and the ex-officio chairperson of the Central Board of Directors. This is also chaired by the Governor of RBI and its members are all the four Deputy Governors and two Non-Official Directors of the .. In April, the RBI found a shortfall of Rs 649 crore in SBI’s investment portfolio. Mr. Rajan will break that chain. 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