Lakshmi Kant Singh, MBE (22 November 1913 – 16 January 1988), born in Darbhanga district, Bihar[1] was the eighth Governor of the Reserve Bank of India from 1 July 1967 to 3 May 1970.
Jha rose to be a Deputy Secretary in the Department of Supply, during British rule and was appointed an MBE for his service in the 1946 New Year Honours.
[5] During his tenure, the Indian Rupee notes of denominations of ₹ 2, 5, 10, and 100, commemorating the birth centenary of Mahatma Gandhi were released on 2 October 1969.
The signature in Hindi, the official language of the Government of India, appeared on the currency notes for the first time during his stewardship of the RBI.
[7] Amongst other developments, gold controls were brought on a statutory basis; Deposit Insurance was in principle extended to Cooperative banks; and the setting up of the Agricultural Credit Board was undertaken.