Urjit Patel Current Affairs, GK & News

Governors of RBI: Major Events During their Tenure

Sir Osborne Smith (1935-1937) Sir Osborne Smith was the first Governor of RBI. He had earlier headed the Imperial Bank of India. Lord Willingdon was India’s Viceroy when RBI started operations and sir Osborne Smith took charge as its governor. Due to his differences with the government over issues such as exchange rates, interest rates ..

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RBI Deputy Governor Viral Acharya quits before his term ends

Viral Acharya Deputy Governor of Reserve Bank of India (RBI) has resigned from his position 6 months before the end of his term citing reason as unavoidable personal circumstances. Acharya, who joined RBI on 23 January 2017 for a three-year term, was youngest deputy governor of RBI post economic liberalisation. He may now return to ..

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Bimal Jalan led panel defers report on RBI surplus funds

The Reserve Bank of India (RBI) committee led by Bimal Jalan (former RBI governor) constituted for considering guidelines for transfer of central bank’s surplus funds to government delayed submitting its report after lack of consensus among its members. The panel was originally supposed to submit its report in April 2019. Background The RBI committee was ..

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Shaktikanta Das newly appointed Governor of Reserve Bank of India (RBI)

Shaktikanta Das, a retired 1980 batch IAS officer of Tamil Nadu cadre, has been appointed as the 25th Governor of the Reserve Bank of India (RBI) for a period of 3 years. He succeeded the post after the sudden resignation of Urjit Patel as the RBI Governor on December 10, 2018. Prior to this appointment, ..

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Shaktikanta Das: 25th Governor of RBI

India’s former economic affairs secretary and current member of the Finance Commission Shaktikanta Das is to be appointed as next RBI Governor. He will be the 25th Governor of the apex bank of the country. About  Shaktikanta Das Shaktikanta Das is a 1980 batch IAS officer of Tamil Nadu Cadre and a very prominent bureaucrat ..

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