N.R. Pillai: the ICS who was appointed to succeed RBI Governor Rama Rau, but did not take up the office!

Buried in the RBI’s History ( Second Volume 1951-67, pg 710,) is this interesting trivia as a footnote:

K.G. Ambegaokar, who was Governor for a few weeks between Rama Rau’s exit  and Iengar’s coming to the Bank, also belonged to the Indian Civil Service. So did N.R. Pillai, who was appointed to succeed Rama Rau, but did not take up the office.

Fascinating. Have not seen anything written on this episode and RBI history also does not discuss anything barring this footnote. Did he not take up the position seeing what happened to Rama Rau or something else? Also, not sure how many others turned down RBI Governorship offer.

NR Pillai’s wiki profile is here. Appinted ICS in 1922, he was the first cabinet secretary of independent India.

 

 

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