Doctor.Gokarn completed his Bachelor of Arts in Economics (Honours) from Street Xavier’s College, Mumbai, M.A in Economics (Honours) from Delhi School of Economics and pursued his Doctor of Philosophy in Economics from of Cleveland, Ohio. He is a Fulbright Scholar and spent an academic year at the Economic Growth centre at Yale University,United States of America on a Fulbright Research Fellowship which he was awarded in 1997.
He has been replaced by Urjit Patel as of January 2013. Appointed by the Government Of India on 19 November 2009 for a three year term beginning 24 November 2009, he succeeded Rakesh Mohan after the latter took up an assignment for six months and joined the Stanford Center for International Development at Stanford University, United States. Prominent economists like Jahangir Aziz (Chief Economist, Justice of the Peace Morgan) and Doctor.Arvind Virmani ( Senior Economic Advisor -Ministry of Finance (India)) were also considered for the post that was eventually handed to Doctor.Gokarn after a decision by a search panel headed by Duvvuri Subbarao and comprising Janki Ballabh (former SBI Chairman) and Vepa Kamesam (former Deputy GovernorRBI). Prior to his appointment as the Deputy Governor of the Reserve Bank of India, Doctor.Gokarn was the Chief Economist of global rating agency Standard and Poor"s (South&P ) Asia-Pacific since August 2007.
Appointed at the age of 49, Doctor.Gokarn is one of the youngest Deputy Governors of Reserve Bank of India in its 76 year history and will supervise the Monetary Policy Department,Department of Statistics and Information Management, Department of Economic Analysis and Policy,Cr Guarantee Corporation, Department of Communication and Deposit Insurance and also represent the Reserve Bank at the G-20 Deputies’ forum.
Subir has recently joined as Director-Research at Brookings India - an independent think-tank.He will also serve as a Brookings Senior Fellow. Doctor He was the Chief Economist, Centre for Economic Research and Executive Director of CRISIL Limited. till August 2007 and then served as the Chief Economist at Standard and Poor"s (South &P) Asia Pacific (which acquired a majority stake in CRISIL in 2005) till his appointment in the Reserve Bank of India in 2009 and has been a Member on the Boards of organisations like Global Data Services of India Limited, EconoMatters Limited and CRISIL MarketWire Limited.
He has also served as the former Chairperson of the Economic Affairs Committee of the ASSOCHAM.
He is the head of CRISIL"s Research and Information business and also a nominee Board Member of the State Bank Of India.
