RBI Organization & Management

RBI is managed by the Central Board of Directors.

Presently, there are 21 members:

Governor for a period of 5 years

Four Deputy Governors for a period of 5 years

Four Directors (Each nominated by four Local Boards)

Ten Directors (Nominated by Government of India)

Two government officers (Nominated by Government of India)

GOVERNORS OF RBI

First Governor of RBI – Sir Osborne Smith

First Indian Governor of RBI – Sir CD Deshmukh
Current Govenor – 25th Shaktikanta Das (who took charge from Dr D Subbarao )

SUBSIDIARIES

RBI’s fully owned subsidiaries are:

• National Housing Bank (NHB)
• Deposit Insurance and Credit Guarantee Corporation (DICGC)
• Bhartiya Reserve Bank Note Mudran Private Limited (BRBNMPL)
• Majority stake in National Bank of Agriculture and Rural Development (NABARD)

DEPARTMENTS OF RBI

Departments of RBI

The various departments of the Reserve Bank of India are listed below:

1. Information Technology.
2. Economic Analysis and Policy.
3. Statistical Analysis and Computer Services.
4. Monetary Policy.
5. Premises Department.
6. Secretary’s Department.
7. Press Relations.
8. Exchange Control.
9. Rural Planning and Credit.
10. Financial Institutions Division.
11. Banking Supervision.
12. Banking Operations and Development.
13. Financial Companies.
14. Non-banking Supervision.
15. Administration and Personnel Management.
16. Human Resources Development.
17. Deposit Insurance and Credit Guarantee Corporation.
18. Inspection.
19. Urban Banks.
20. Currency Management.
21. External Investments and Operations.
22. Expenditure and Budgetary Control.
23. Government and Bank Accounts.
24. Internal Debt Management Cell.
25. Industrial and Export Credit.
26. Legal.