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The governor of the Reserve Bank of India (ISO: Bhāratīya Rija़rva Baiṁka kē Gavarnara) is the chief executive officer of India's central bank and the ex-officio chair of its Central Board of Directors. Initially it was below the cabinet secretary rank but currently it an equivalent rank to cabinet secretary.
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 ...
Pages in category "Governors of the Reserve Bank of India" The following 27 pages are in this category, out of 27 total. This list may not reflect recent changes. A.
Name Since Chairperson, 16th Finance Commission of India: Arvind Panagariya: 16 January 2024 Governor, Reserve Bank of India: Sanjay Malhotra: 11 December 2024 [28] Chairperson, Securities and Exchange Board of India: Madhabi Puri Buch: 1 March 2022 Chairperson, Insurance Regulatory and Development Authority: Debasish Panda: 12 March 2022 [29]
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.
One of the Reserve Bank of India board of directors [1] Swaminathan Gurumurthy (born 1949) [ 2 ] is the editor of the Tamil political weekly magazine Thuglak . [ 3 ] Gurumurthy is a part-time director on the central board of the Reserve Bank of India (RBI).
The committee comprises six members – three officials of the Reserve Bank of India and three external members nominated by the government of India. They need to observe a "silent period" seven days before and after the rate decision for "utmost confidentiality". The governor of the Reserve Bank of India is the chairperson ex officio of the ...
In the Indian context, he was the first to use the term 'financial inclusion' in April 2005 in his Annual Policy Statement as Governor of the Reserve Bank of India. [14] Banks were urged in the Annual Policy Statement to review their existing practices to align them with the objective of financial inclusion.