Bimal Jalan
Jalan in 2013
Member of Rajya Sabha
In office
27 August 2003 - 26 August 2009
20th Governor of Reserve Bank of India
In office
22 November 1997 – 4 September 2003
Preceded byC Rangarajan
Succeeded byY Venugopal Reddy
7th Chief Economic Adviser to the Government of India
In office
1981 - 1988
Preceded byRM Honavar
Succeeded byNitin Desai
Personal details
Born (1941-08-17) 17 August 1941 (age 82)
Sadulpur, Rajasthan, British India
ResidenceKolkata (West Bengal)
EducationPresidency College
University of Cambridge
University of Oxford

Bimal Jalan (born 17 August 1941)[citation needed] is a former Governor of Reserve Bank of India and was a nominated member of the Upper House of India's Parliament, the Rajya Sabha during 2003–2009.[1]

Education and career

Jalan graduated from Presidency College, Calcutta, and later attended Cambridge and Oxford but no further detail as to his course of study is known publicly.[citation needed]

Jalan held several administrative and advisory positions in the Government of India, namely, Chief Economic Adviser in the 1980s, Banking Secretary between 1985 and 1989 and Finance Secretary, Ministry of Finance between January 1991 and September 1992. In 1992-93 and then from 1998–2008, Jalan was the President of the Governing Body of the National Council of Applied Economic Research, Planning Commission in New Delhi.[citation needed]

He was the Governor of Reserve Bank of India for two terms. The Government of India reappointed Jalan as Governor of the Reserve Bank of India, first for a period of five years commencing 22 November 1997 to 21 November 2002 and again for a further period of two years commencing from 22 November 2002 and ending 21 November 2004. He was succeeded by Y. Venugopal Reddy on 6 September 2003.[2] During his tenure the Indian Rupee note of 1000 denomination was introduced.[3]

Selected works


  1. ^ "Rajya Sabha members". Retrieved 31 December 2009.
  2. ^ "List of Governors". Reserve Bank of India. Archived from the original on 16 September 2008. Retrieved 8 December 2006.
  3. ^ Jain, Manik (2004). 2004 Phila India Paper Money Guide Book. Kolkata: Philatelia. p. 77.