H. V. R. Iengar
H. V. R. Iengar | |
|---|---|
| Born | Template:Birth date |
| Died | February 22, 1978 (aged 75) |
| Occupation(s) | Civil servant, banker |
| Known for | Sixth Governor of the Reserve Bank of India |
Haravu Venkatanarasingha Verada Raj "H. V. R." Iengar CIE, ICS (23 August 1902 – 22 February 1978) held the position of the sixth Governor of the Reserve Bank of India from 1 March 1957 until 28 February 1962.
Joining the Indian Civil Service in 1926, Iengar was honored as a Companion of the Order of the Indian Empire in 1941. Before assuming leadership at the RBI, he served as Chairman of the State Bank of India.
Throughout his governorship at the RBI, India adopted a modern decimal-based currency system. He was also responsible for implementing flexible cash reserve ratio policies and introducing selective credit control techniques, which represented notable progress in the country's monetary framework. His outstanding service was acknowledged with the award of the Padma Vibhushan, India's second highest civilian award, in 1962.
In celebration of his 100th birth anniversary in 2002, a compilation of his writings from after retirement was released under the title Snapshots of History— Through The Writings of H V R Iyengar, compiled by his daughter Indira and son-in-law Bipin Patel.