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H. V. R. Iengar

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H.V.R. Iengar
6th Governor of the Reserve Bank of India
In office
1 March 1957 – 28 February 1962
Preceded byK. G. Ambegaonkar
Succeeded byP. C. Bhattacharya
2nd Chairman of State Bank of India
In office
1 October 1956 – 28 February 1957
Preceded byJohn Matthai
Succeeded byP. C. Bhattacharya
Personal details
Born(1902-08-23)23 August 1902
Died22 February 1978(1978-02-22) (aged 75)
NationalityIndian
Alma materUniversity of Mysore
Queen's College, Oxford
Signature

Haravu Venkatanarasingha Verada Raj "H. V. R." Iengar CIE, ICS (23 August 1902[1][2] – 22 February 1978) was the sixth Governor of the Reserve Bank of India from 1 March 1957 to 28 February 1962.[3]

He was a member of the Indian Civil Service, entering service on 20 October 1926.[4] He was invested as a Companion of the Order of the Indian Empire (CIE) in the 1941 New Year Honours.[5] He served as the Chairman of State Bank of India, before his appointment as the Governor of the Reserve Bank.

During Iengar's tenure, the Indian coinage system shifted from the earlier pies, paise, and anna system to the modern decimal coinage system. During his tenure also variable cash reserve ratio and selective credit control were introduced for the first time in India. He received the Padma Vibhushan, India`s second highest civilian honour from the Government of India in 1962.[6] In 2002 on his birth centenary, an illustrated book, Snapshots of History— Through The Writings of H V R Iyengar consisting of articles written by Iengar after his retirement in 1962, were compiled and edited by his daughter Indira and son-in-law Bipin Patel.[1][7]

References

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  1. ^ a b Glimpses of the past Frontline Issue dated 07 - 20 June 2003
  2. ^ Dr. H V R Iyengar vs Mrs.Indira Bipin Patel on 21 September 2010 India Kanoon Retrieved 28 August 2013
  3. ^ "List of Governors". Reserve Bank of India. Archived from the original on 16 September 2008. Retrieved 8 December 2006.
  4. ^ "No. 33218". The London Gazette. 5 November 1926. p. 7137.
  5. ^ "No. 35029". The London Gazette (Supplement). 31 December 1940. p. 7.
  6. ^ Padma Vibhushan awardees Archived 4 March 2016 at the Wayback Machine GOI Archives
  7. ^ The Making Of History Of Our Times Financial Express 3 August 2003