GOVERNORS ( of 2) Sir Osborne A. Smith April 1, 1935 to June 30, 1937 Sir James Braid Taylor July 1, 1937 to February 17,1943 Sir Chintaman D.Deshmukh August 11, 1943 to June 30, 1949
ORGANIZATION OF RESERVE BANK: 1 Governor 4 Deputy Governor. 1 Government Officials from the Ministry of nance. 4 nominated directors by the Central Government to represent the local boards with the headquarters at Mumbai, Kolkata. Chennai and New Delhi. 10 nominated directors by the Government to give representation to important elements in the economic life of country
OVERNOR EPUTY OVERNOR
Governors of RB . The Governor of the Reserve Bank of India (RBI) is the chief executive of India's central bank and the ex-officio chairperson of its Central Board of Directors. Indian Rupee currency notes, issued by the RBI, bear the governor's signature. Since its establishment in 1935 by the British colonial government, the RBI has been headed by 23 governors. The term of office typically runs for 3 years. . The position is currently held by Urjit Patel, who took over from Raghuram Rajan on 4 September 2016.
OBJECTIVE AND REASONS FOR ESTABLISHMENT OF RBI To manage the Monetary and credit system of the country To stabilize internal and external value of rupee e For balanced and systematic development of banking in the country . For the development of organized money market in the country For proper arrangement of agriculture and industrial finance For proper management of public debt To establish monetary relations with other countries of the world and international financial institutions For centralization of cash reserves of commercial banks To maintain balance between demand and supply of currency
Organizational Structure Governor Deputy Governor Executive Directors Principal Chief General Manager Chief General Managers General Managers Deputy General Managers Asstt. General Managers Managers Asstt Managers Support staff
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