Name: – Chintamani Dwarkanath Deshmukh
Birth: – 14 January 1896, Maharashtra, Raigad.
Father: – Dwarkanath Ganesh Deshmukh
Mother: – Bhagirathi Bai.
Wife / Husband: – Durgabai Deshmukh
Chintamani Dwarkanath Deshmukh ICS under British rule The officer and the third governor of the Reserve Bank of India. The British Raj gave him the title of ‘Sir’. After this, he also served as the third finance minister of India in the Union Cabinet. CD.Deshmukh was made president of ‘University Grants Commission’ and Vice-Chancellor of Delhi University. In 1975, the President honored him with ‘Padma Vibhushan’ ornamentation. He also wrote several books.
CD Deshmukh was born on January 14, 1896, to the famous advocate Dwarkanath Ganesh Deshmukh, in the name of Raigad district of Maharashtra, in a Chandarseniya Kayastha Prabhu family. His mother’s name was Bhagirathibhai, a religious woman. His childhood was spent only in Roha in Roha district. His family was very rich and the land was linked to a tradition of background public service.
Deshmukh has been a fantastic academic career. He passed matriculation examination in first class from Bombay University in 1912 and received scholarship for the first time in Sanskrit. After this, in 1917, he passed the Bachelor’s Examination with Botany, Chemistry and Geology from Jesus College, Cambridge, England, where he received the Frank Smart Award in Botany. Finally he remained top in the Indian Civil Services Examination in 1918.
In 1912 Deshmukh passed the matriculation examination from Bombay University in first class. He also got Jagannath Shankar Set Scholarship in Sanskrit. In 1917, he graduated from Cambridge University with natural science, with botany, chemistry and geology. He also won Frank Smart Price in botany. He sat in the examination of the Indian Civil Service held in London in 1918 and he got the first position in successful candidates.
In 1939, Deshmukh became the license officer of the Reserve Bank. Their work was to maintain synergies between the bank, the system and the government. Due to his work efficiency within three months, the Secretariat of the Central Board of Deshmukh Bank was made. Two years later, he became deputy governor and he was made governor on August 11, 1943. He held this post until June 30, 1949. In 1939, Deshmukh became the Liaison Officer of the Reserve Bank. Their work was to maintain synergies between the bank, the system and the government. Due to his work efficiency within three months, the Secretariat of the Central Board of Deshmukh Bank was made. Two years later, he became deputy governor and he was made governor on August 11, 1943.He held this post until June 30, 1949. Deshmukh proved to be a very effective governor during his tenure.
They made significant contributions in the form of the Reserve Bank from the Bank of Private Sustain Holders to a National Bank. Deshmukh created a legal framework to combine the activities of the banks, which could run for a long time without interruption. Based on this, credit policies were established and the institutional finance corporation of India was formed.
Between 1956 and 1960, when Chintaman Deshmukh was the Chairman of the University Grants Commission, significant improvements were seen in the field of education and social services, which saw the countrywide development of the workforce of the universities. Chintaman was also the Vice-Chancellor of Delhi University from March 1960 to February 1967. During his tenure, the University of Delhi earned unmatched name in the field of higher education. In addition to the financial sector and education sector, Deshmukh is employed in various departments.
University of Calcutta received the title of ‘Doctor of Science’ (1957). Ramon Magsaysay Award was conferred in 1959. Padma Vibhushan was honored by the Indian Government in 1975.