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{{Short description|Deputy Governor of the Reserve Bank of India}}
{{Use Indian English|date=October 2021}}
{{Use dmy dates|date=October 2021}}
{{Infobox official post
| post = Deputy Governor
| body = the Reserve Bank of India
| flag = Flag of India.svg
| flagsize = 110px
| flagcaption = [[Flag of India]]
| insignia = Seal of the Reserve Bank of India.svg
| insigniacaption = Seal of the Reserve Bank of India
| residence = [[Mumbai]], [[Maharashtra]]
| incumbent = T. Rabi Sankar, [[Swaminathan Janakiraman]], [[Poonam Gupta (Economist)|Poonam Gupta]], Shirish Chandra Murmu
| image =
| incumbentsince =
| termlength = 5 Years (max)
| appointer = [[Appointments Committee of the Cabinet]]
| member_of = Central Board of Directors [[Monetary Policy Committee (India)|Monetary Policy Committee]]
| salary = {{INR convert|225000}} (per month) {{INR convert|2700000}} (per year)
| formation = {{start date and age|df=yes|1935|04|01}}
| inaugural = Sir [[James Braid Taylor]] and [[Sikandar Hayat Khan]]
| website = {{URL|https://www.rbi.org.in/scripts/deputygovernors.aspx}}
| reports_to = *[[Governor of the Reserve Bank of India|Governor]]
*[[Finance Secretary of India|Secretary (Finance)]]
*[[Minister of Finance (India)|Finance Minister]]
| seat = 19th Floor, Central Office Building, [[Colaba Causeway|Shahid Bhagat Singh Road]], Mumbai, 400 001
| constituting_instrument = [[Reserve Bank of India Act, 1934]]
| type = Senior Executive Officer
| status = Deputy Head of RBI
| deputy = Executive Director
| department = [[Ministry of Finance (India)|Ministry of Finance]] [[Reserve Bank of India]]
| native_name = भारतीय रिजर्व बैंक के उप-गवर्नर
}}

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 Government of India|Secretary]].<ref>{{cite web |title=Move to change RBI governor ranking |url=https://www.business-standard.com/article/finance/move-to-change-rbi-governor-ranking-116082100651_1.html |website=Business Standard |date=21 August 2016 |access-date=2 May 2026}}</ref>

The term of office typically runs for three years and can, in some cases, be extended for another two years.<ref>{{cite web |title=Rohit Jain appointed RBI deputy governor for three-year term |url=https://economictimes.indiatimes.com/news/economy/policy/rohit-jain-appointed-rbi-deputy-governor-for-three-year-term/articleshow/130713553.cms |website=The Economic Times |date=2 May 2026 |access-date=2 May 2026}}</ref>

The inaugural officeholder was [[James Braid Taylor]], while K J Udeshi holds the unique distinction of becoming the first female deputy governor of the Reserve Bank of India.<ref>{{cite web |title=Deputy Governors |url=https://www.rbi.org.in/Content/deputygovernors.html |website=Reserve Bank of India |access-date=2 May 2026}}</ref>

Currently there are four incumbent deputy governors of the Reserve Bank of India, they are: T. Rabi Sankar, [[Swaminathan Janakiraman]], [[Poonam Gupta (Economist)|Poonam Gupta]], and Shirish Chandra Murmu.<ref>{{cite web |title=Shirish Chandra Murmu appointed as Deputy Governor of the RBI |url=https://etedge-insights.com/industry/bfsi/shirish-chandra-murmu-appointed-as-deputy-governor-of-the-rbi/ |website=ET Edge Insights |access-date=2 May 2026}}</ref>

== Appointment process ==
The Deputy Governor of RBI is appointed by the Government of India under the provisions of the [[Reserve Bank of India Act, 1934]]. The appointment is made by the [[Appointments Committee of the Cabinet]] (ACC), headed by the [[Prime Minister of India|Prime Minister]] and the [[Home Minister (India)|Home Minister]]. Typically, the Deputy Governor is appointed for a term of up to five years, which may be extended or renewed for a second term.<ref>{{cite web |title=Government appoints S C Murmu as RBI Deputy Governor |url=https://www.thehindu.com/business/Economy/government-appoints-sc-murmu-as-rbi-deputy-governor/article70107997.ece |website=The Hindu |date=29 September 2025 |access-date=2 May 2026}}</ref>

== Duties and Responsibilities of the Deputy Governor ==
The Deputy Governors of the Reserve Bank of India assist the Governor in managing the central bank’s overall functions and policy implementation. Each Deputy Governor is assigned specific portfolios such as [[monetary policy]], [[Banking in India|banking regulation and supervision]], [[financial markets]], or currency management. They help formulate and execute decisions taken by the [[Monetary Policy Committee (India)|Monetary Policy Committee]] and the Central Board of Directors.<ref>{{cite web |title=RBI announces new portfolio distribution among deputy governors |url=https://www.cnbctv18.com/economy/rbi-announces-new-portfolio-distribution-among-deputy-governors-19710117.htm |website=CNBC TV18 |access-date=2 May 2026}}</ref>

They also oversee key operational departments and ensure effective regulation of banks and non-banking financial institutions. In addition, Deputy Governors represent the RBI in national and international forums when required and contribute to maintaining financial stability, smooth payment systems, and implementation of regulatory frameworks.<ref>{{cite web |title=RBI announces portfolios for deputy governors: Here's who handles what |url=https://economictimes.indiatimes.com/news/economy/policy/rbi-announces-portfolios-for-deputy-governors-heres-who-handles-what/articleshow/120816446.cms |website=The Economic Times |date=2 May 2025 |access-date=2 May 2026}}</ref>

== Emolument, accommodation and perquisites ==
The rank of the RBI Deputy Governor is equivalent to the [[Secretary to the Government of India|Secretary]] as per pay-level.<ref>{{cite web |title=Government invites applications for RBI deputy governor |url=https://www.thehindu.com/business/government-invites-applications-for-rbi-deputy-governor/article68828076.ece |website=The Hindu |access-date=2 May 2026}}</ref> The post is accompanied by:

* Official residence in [[Mumbai]], [[Maharashtra]], a Type-VII / VIII [[bungalow]].
* Security cover as per central government rules.
* Eligibility for a diplomatic or official passport for foreign travel.
* Salary as per Pay Level 17 of the [[7th Central Pay Commission (CPC) and Defence Forces|7th Pay Commission]]. Although the Dearness allowance (DA), Travel Allowance (TA) and other allowances are determined by the RBI.<ref name="Army Pay Rules">{{Cite web|url=http://www.mod.nic.in/sites/default/files/ArmyPayRules.pdf|title=Army Pay Rules, 2017|date=May 3, 2017|work=[[Ministry of Defence (India)|Ministry of Defence]], [[Government of India]]|access-date=September 24, 2017}}</ref>

{| class="wikitable mw-collapsible" style="margin: 1ex 0 1ex 1ex; "
|+'''RBI Deputy Governor monthly pay and allowances'''
!Base Salary as per [[7th Central Pay Commission (CPC) and Defence Forces|7th Pay Commission]] (Per month)
!Pay Matrix Level
!Sources
|-
|{{INRConvert|225000}}
|Pay Level 17
|<ref name="7 Pay Commission Report">{{cite web|url=http://7cpc.india.gov.in/pdf/sevencpcreport.pdf|title=Report of the 7th Central Pay Commission of India|publisher=Seventh Central [[Pay Commission]], [[Government of India]]|url-status=dead|access-date=August 13, 2017|archive-url=https://web.archive.org/web/20151120092637/http://7cpc.india.gov.in/pdf/sevencpcreport.pdf|archive-date=20 November 2015}}</ref>
|}

== List of deputy governors ==
{| class="wikitable sortable mw-collapsible" style="text-align:center"
|+List of deputy governors of the Reserve Bank of India
! data-sort-type="number" scope="col" | {{Abbr|No.|Number}}
! scope="col" | Officeholder
! scope="col" | Portrait
! data-sort-type="date" scope="col" | Term start
! data-sort-type="date" scope="col" | Term end
! scope="col" | Term in office
! scope="col" | Background
! scope="col" | Other offices held
! scope="col" | References
|-
|1
|[[James Braid Taylor]]
|[[File:Sir James Braid Taylor.jpg|frameless|90px]]
|1 April 1935
|30 June 1937
|{{ayd|1935|4|1|1937|6|30}}{{Nbsp}}
|Civil servant
|[[Indian Civil Service]] officer
|<ref name="auto">{{cite web |url=https://www.rbi.org.in/scripts/deputygovernors.aspx |title=Deputy Governors |publisher=[[Reserve Bank of India]]}}</ref><ref name="auto2">[https://mostlyeconomics.wordpress.com/2019/06/24/list-and-professions-of-rbi-deputy-governors-1935-present/]{{self-published inline|date=October 2021}}</ref><ref name="auto3">{{cite book|title=The Story of The Reserve Bank of India|last1=Bajoria|first1=Rahul|date=20 October 2018|publisher=Rupa Publications|isbn=978-9353046446|page=1}}</ref>
|-
|2
|[[Sikandar Hayat Khan]]
|[[File:Sir Sikandar Hayat Khan.png|frameless|90px]]
|1 April 1935
|20 October 1935
|{{ayd|1935|4|1|1935|10|20}}{{Nbsp}}
|Politician
|[[Prime Minister of Punjab]] 
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|3
|[[Manilal Balabhai Nanavati]]
|
|21 December 1936
|21 December 1941
|{{Ayd|1936|12|21|1941|12|21}}{{Nbsp}}
|Freedom fighter
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|4
|[[C. D. Deshmukh]]
|[[File:CD Deshmukh crop.jpg|frameless|90px]]
|22 December 1941
|10 October 1943
|{{ayd|1941|12|22|1943|10|10}}{{Nbsp}}
|[[Indian Civil Service]] officer
|[[Minister of Finance (India)|Minister of Finance]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|5
|Wajahat Hussain
|
|16 August 1943
|4 December 1945
|{{Ayd|1943|10|16|1945|12|04|df=y}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|6
|C.R. Trevor
|
|16 August 1943
|31 December 1949
|{{Ayd|1943|8|16|1949|12|31}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|7
|M.G. Mekhri
|
|8 July 1946
|7 July 1951
|{{Ayd|1946|7|8|1951|7|7}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|8
|W.T. McCallum
|
|15 April 1946
|14 July 1948
|{{ayd|1946|4|15|1948|7|14}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|9
|N. Sundaresan
|
|1 January 1950
|31 December 1954
|{{ayd|1950|1|1|1954|12|31}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|10
|Ram Nath
|
|8 June 1951
|8 July 1959
|{{ayd|1951|6|8|1959|7|8}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|11
|[[K. G. Ambegaonkar]]
|
|1 March 1955
|29 February 1960
|{{ayd|1955|3|1|1960|2|29}}{{Nbsp}}
|[[Indian Civil Service]] officer
|[[Governor of the Reserve Bank of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|12
|[[Borra Venkatappaiah]]
|
|1 July 1955
|28 February 1962
|{{ayd|1955|7|1|1962|2|28}}{{Nbsp}}
|Career banker
|[[Chairman of the State Bank of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|13
|M.V. Rangachari
|
|1 March 1960
|28 February 1965
|{{ayd|1960|3|1|1965|02|28}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|14
|[[Dattatreya Gopal Karve]]
|
|1 March 1962
|29 February 1964
|{{ayd|1962|03|01|1964|2|29}}{{Nbsp}}
|[[Economist]]
|Professor at [[Fergusson University]] 
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|15
|C.S. Divekar
|
|12 November 1962
|11 November 1965
|{{ayd|1962|11|12|1965|11|11}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|16
|M.R. Bhide
|
|29 February 1964
|25 January 1967
|{{ayd|1964|02|29|1967|1|25}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|17
|B.K. Madan
|
|1 July 1964
|31 January 1967
|{{ayd|1964|7|1|1967|1|31}}{{Nbsp}}
|[[Economist]]
|Chairman of [[IDBI Bank]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|18
|[[B. N. Adarkar]]
|
|16 June 1965
|3 May 1970
|{{ayd|1965|6|16|1970|5|3}}{{Nbsp}}
|[[Economist]]
|[[Governor of the Reserve Bank of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|19
|A. Bakshi
|
|24 January 1967
|8 September 1969
|{{ayd|1967|01|24|1969|09|08}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|20
|J.J. Anjaria
|
|1 February 1967
|28 February 1970
|{{ayd|1967|2|1|1970|2|28}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|21
|P.N. Damry
|
|13 February 1967
|15 March 1972
|{{ayd|1967|2|13|1972|3|15}}{{Nbsp}}
|[[Economist]]
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|22
|[[Rabindra Kishen Hazari]]
|
|27 November 1969
|26 November 1977
|{{ayd|1969|11|27|1977|11|26}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|23
|[[V. V. Chari]]
|
|17 November 1970
|30 November 1975
|{{ayd|1970|11|17|1975|11|30}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|24
|S.S. Shiralkar
|
|18 December 1970
|25 July 1976
|{{ayd|1970|12|18|1976|07|25}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|25
|R.K. Sheshadri
|
|26 July 1973
|25 July 1976
|{{ayd|1973|07|26|1976|07|25}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|26
|K.S. Krishnaswamy
|
|29 December 1975
|31 March 1981
|{{ayd|1975|12|29|1981|03|31}}{{Nbsp}}
|[[Economist]]
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|27
|P.R. Nangia
|
|29 December 1975
|15 February 1982
|{{ayd|1975|12|29|1982|02|15}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|28
|J.C. Luther
|
|4 January 1977
|1 June 1977
|{{ayd|1977|01|04|1977|06|01}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|29
|M. Ramakrishnayya
|
|4 January 1977
|1 June 1977
|{{ayd|1977|01|04|1977|06|01}}{{Nbsp}}
|[[Indian Administrative Service]] officer
|Chairman of the [[National Bank for Agriculture and Rural Development]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|30
|[[Amitav Ghosh (banker)|Amitav Ghosh]]
|
|21 January 1982
|20 January 1992
|{{ayd|1982|01|21|1992|01|20}}{{Nbsp}}
|Career banker
|[[Governor of the Reserve Bank of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|31
|[[C. Rangarajan]]
|
|12 February 1982
|20 August 1991
|{{ayd|1982|02|12|1991|08|20}}{{Nbsp}}
|Career banker
|[[Governor of the Reserve Bank of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|32
|M.V. Hate
|
|12 March 1982
|11 March 1985
|{{ayd|1982|03|12|1985|03|11}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|33
|R.K. Kaul
|
|1 October 1983
|30 September 1986
|{{ayd|1983|10|01|1986|09|30}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|34
|P.D. Ojha
|
|29 April 1985
|28 April 1990
|{{ayd|1985|04|29|1990|04|28}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|35
|P.R. Nayak
|
|1 April 1987
|31 March 1992
|{{ayd|1987|04|01|1992|03|31}}{{Nbsp}}
|
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|36
|R. Janakiraman
|
|1 April 1987
|31 March 1992
|{{ayd|1987|04|01|1992|03|31}}{{Nbsp}}
|Career banker
|Managing director of the [[State Bank of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|37
|S.S. Tarapore
|
|30 January 1992
|30 September 1996
|{{ayd|1992|01|30|1996|09|30}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|38
|[[D. R. Mehta]]
|
|11 November 1992
|21 February 1995
|{{ayd|1992|11|11|1996|02|21}}{{Nbsp}}
|[[Economist]]
|Chairman of the [[Securities and Exchange Board of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|39
|S.P. Talwar
|
|7 November 1994
|30 June 2001
|{{ayd|1994|11|07|2001|06|30}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|40
|R.V. Gupta
|
|2 May 1995
|30 November 1997
|{{ayd|1995|05|02|1997|11|30}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|41
|[[Y. V. Reddy]]
|
|14 September 1996
|31 July 2002
|{{ayd|1996|09|14|2002|07|31}}{{Nbsp}}
|Career banker
|[[Governor of the Reserve Bank of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|42
|[[Jagdish Capoor]]
|
|1 January 1997
|30 June 2001
|{{ayd|1997|01|01|2001|06|30}}{{Nbsp}}
|Career banker
|Chairman of [[HDFC Bank]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|43
|[[Vepa Kamesam]]
|
|1 July 2001
|23 December 2003
|{{ayd|2001|07|01|2003|12|23}}{{Nbsp}}
|Career banker
|Managing director of the [[State Bank of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|44
|G P Muniappan
|
|1 July 2001
|31 May 2003
|{{ayd|2001|07|01|2003|05|31}}{{Nbsp}}
|Career banker
|Chairman of the [[Deposit Insurance and Credit Guarantee Corporation]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|45
|[[Rakesh Mohan]]
|
|9 September 2002
|10 June 2009
|{{ayd|2002|09|09|2009|06|10}}{{Nbsp}}
|[[Economist]]
|Consultant at the [[Planning Commission (India)|Planning Commission]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|46
|K J Udeshi
|
|10 June 2003
|12 December 2005
|{{ayd|2003|06|10|2005|12|12}}{{Nbsp}}
|Career banker
|Chairman of [[Bharatiya Reserve Bank Note Mudran]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|47
|V Leeladhar
|
|21 September 2004
|8 December 2008
|{{ayd|2004|09|21|2008|12|08}}{{Nbsp}}
|Career banker
|Chairman of [[Union Bank of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|48
|[[Shyamala Gopinath]]
|
|21 September 2004
|8 December 2008
|{{ayd|2004|09|21|2008|12|08}}{{Nbsp}}
|Career banker
|Chairman of [[HDFC Bank]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|49
|[[Usha Thorat]]
|
|10 November 2005
|9 November 2010
|{{ayd|2005|11|10|2010|11|09}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|50
|[[Kamalesh Chandra Chakrabarty]]
|
|15 June 2009
|25 April 2014
|{{ayd|2009|06|15|2014|04|25}}{{Nbsp}}
|Career banker
|Chairman of [[Bank of Baroda]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|51
|[[Subir Gokarn]]
|
|24 November 2009
|31 December 2012
|{{ayd|2009|11|24|2012|12|31}}{{Nbsp}}
|[[Economist]]
|Professor at [[Stanford University]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|52
|[[Anand Sinha]]
|
|19 January 2011
|18 January 2014
|{{ayd|2011|01|19|2014|01|18}}{{Nbsp}}
|Career banker
|Chairman of the [[Export Credit Guarantee Corporation of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|53
|[[Harun Rashid Khan]]
|
|4 July 2011
|4 July 2016
|{{ayd|2011|07|04|2016|07|04}}{{Nbsp}}
|Career banker
|Chairman of the [[National Bank for Agriculture and Rural Development]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|54
|[[Urjit Patel]]
|
|11 January 2013
|4 September 2016
|{{ayd|2013|01|11|2016|09|04}}{{Nbsp}}
|Career banker
|[[Governor of the Reserve Bank of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|55
|[[R Gandhi]]
|
|3 April 2014
|2 April 2017
|{{ayd|2013|01|11|2016|09|04}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|56
|Subhash Sheoratan Mundra
|
|31 July 2014
|30 July 2017
|{{ayd|2014|07|31|2017|07|30}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|57
|[[Viral Acharya]]
|
|23 January 2017
|23 January 2019
|{{ayd|2017|01|23|2019|01|23}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|58
|[[N. S. Vishwanathan]]
|
|4 July 2016
|31 March 2020
|{{ayd|2016|07|04|2020|03|31}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|59
|B.P. Kanungo
|
|3 April 2017
|2 April 2021
|{{ayd|2017|04|03|2021|04|02}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|60
|[[Mahesh Kumar Jain]]
|
|22 June 2018
|26 June 2023
|{{ayd|2018|06|22}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|61
|[[Michael Patra]]
||[[File: Michael Patra RBI.jpg|frameless|90px]]
|15 January 2020
|14 January 2025
|{{ayd|2020|01|15}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|62
|[[M. Rajeshwar Rao]]
|
|9 October 2020
|8 October 2025
|{{ayd|2020|10|09}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|63
|[[T. Rabi Sankar]]
|
|3 May 2021
|''Incumbent''
|{{ayd|2021|05|03}}{{Nbsp}}
|Career banker
|
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|64
|[[Swaminathan Janakiraman]]
|
|26 June 2023
|''Incumbent''
|{{ayd|2023|06|26}}{{Nbsp}}
|Career banker
|Managing Director of the [[State Bank of India]]
|<ref name="auto"/><ref name="auto2"/><ref name="auto3"/>
|-
|65
|[[Poonam Gupta (economist)|Poonam Gupta (Economist)]]
|
| 2 April 2025
|''Incumbent''
|{{ayd|2025|04|02}}{{Nbsp}}
|[[Economist]]
|Lead Economist at [[World Bank]]
|<ref>{{Cite web |last=Report |first=IANS and Staff |date=2025-04-02 |title=Who is Poonam Gupta? Meet the new RBI Deputy Governor |url=https://gulfnews.com/business/banking/who-is-poonam-gupta-meet-the-new-rbi-deputy-governor-1.500080613 |access-date=2025-04-02 |website=Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema |language=en}}</ref><ref>{{Cite web |title=Who Is Poonam Gupta? All About New RBI Deputy Governor |url=https://www.ndtv.com/india-news/who-is-poonam-gupta-all-about-the-newly-appointed-rbi-deputy-governor-8069661?utm_source=chatgpt.com |access-date=2025-04-02 |website=www.ndtv.com |language=en}}</ref><ref>{{Cite news |date=2025-04-02 |title=Poonam Gupta appointed RBI deputy governor: A look at her education, career, and new role |url=https://timesofindia.indiatimes.com/education/news/poonam-gupta-appointed-rbi-deputy-governor-a-look-at-her-education-career-and-new-role/articleshow/119909543.cms?utm_source=chatgpt.com |access-date=2025-04-02 |work=The Times of India |issn=0971-8257}}</ref>
|-
|66
|Shirish Chandra Murmu
|
|9 October 2025
|''Incumbent''
|{{ayd|2025|10|09}}{{Nbsp}}
|Career banker
|
|<ref name="auto" /><ref name="auto2" /><ref name="auto3" />
|}

==References==
{{Reflist}}

==External links==
* {{URL|1=https://www.rbi.org.in/scripts/deputygovernors.aspx|2=Official List maintained by the Reserve Bank of India}}
* {{URL|1=https://mostlyeconomics.wordpress.com/2019/06/24/list-and-professions-of-rbi-deputy-governors-1935-present/|2=List of Deputy Governors}}
* {{URL|1=https://studychacha.com/discuss/22767-rbi-governor-list-india.html|2=List of Deputy Governors}}

{{Authority control}}

{{Reserve Bank of India}}
{{Banking in India}}
[[Category:Reserve Bank of India]]
[[Category:Lists of office-holders in India|Deputy governors of the Reserve Bank of India]]
[[Category:Chairpersons of corporations by company|Reserve Bank of India]]
[[Category:Lists of chairpersons|Reserve Bank of India]]

Deputy Governor of the Reserve Bank of India - Revision history

Vaidehitaman at 12:20, 2 May 2026