1) Sir Osborne Smith (1 April 1935 – 30 June 1937)
2) Sir James Braid Taylor (1 July 1937 – 17 February 1943)
3) Sir C. D. Deshmukh (11 August 1943 – 30 June 1949)
4) Sir Benegal Rama Rau (1 July 1949 – 14 January 1957)
5) K. G. Ambegaonkar (14 January 1957 – 28 February 1957)
6) H. V. R. Iyengar (1 March 1957 – 28 February 1962)
7) P. C. Bhattacharya (1 March 1962 – 30 June 1967)
8) L. K. Jha (1 July 1967 – 3 May 1970)
9) B. N. Adarkar (4 May 1970 – 15 June 1970)
10) S. Jagannathan (16 June 1970 – 19 May 1975)
11) N. C. Sen Gupta (19 May 1975 – 19 August 1975)
12) K. R. Puri (20 August 1975 – 2 May 1977)
13) M. Narasimham (3 May 1977 – 30 November 1977)
14) Dr. I. G. Patel (1 December 1977 – 15 September 1982)
15) Dr. Manmohan Singh (16 September 1982 – 14 January 1985)
16) A. Ghosh (15 January 1985 – 4 February 1985)
17) R. N. Malhotra (4 February 1985 – 22 December 1990)
18) S. Venkitaramanan (22 December 1990 – 21 December 1992)
19) Dr. C. Rangarajan (22 December 1992 – 21 November 1997)
20) Dr. Bimal Jalan (22 November 1997 – 6 September 2003)
21) Dr. Y. V. Reddy (6 September 2003 – 5 September 2008)
22) Dr. D. Subbarao (6 September 2008 – 3 September 2013)
23) Dr. Raghuram G. Rajan (4 September 2013- 3September 2016)
24) Urjit Patel (4 September 2016-...)
