K. G. Ambegaonkar
Encyclopedia
K. G. Ambegaokar was the fifth Governor of the Reserve Bank of India
Reserve Bank of India
The Reserve Bank of India is the central banking institution of India and controls the monetary policy of the rupee as well as US$300.21 billion of currency reserves. The institution was established on 1 April 1935 during the British Raj in accordance with the provisions of the Reserve Bank of...

 from 14 January 1957 to 28 February 1957. He was a member of the Indian Civil Service, and served as Finance Secretary before his appointment as Deputy Governor of the RBI. On the resignation of B Rama Rau he took over as the Governor. His was the third shortest tenure (45 days) after B. N. Adarkar
B. N. Adarkar
B. N. Adarkar was the ninth Governor of the Reserve Bank of India from 4 May 1970 to 15 June 1970. His term was the second shortest after Amitav Ghosh who had served for only 20 days. His term was short since he was filling in as interim before S...

 (42) and Amitav Ghosh (20). Compared to the latter two Governors Ambegaonkar's signature as RBI Governor does not appear on any Indian Rupee
Indian rupee
The Indian rupee is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India....

note, but his signature as Finance Secretary appeared on the second, third, and fourth Rupee one notes issued after independence.
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