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Early life 
Bhandarkar was born in Malvan in Ratnagiri district of Maharashtra. After his early schooling in Ratnagiri, he studied at Elphinstone College in Bombay. Along with Mahadev Govind Ranade, Bhandarkar was among the first graduates in 1862 from Bombay University. He obtained his Master’s degree the following year, and was awarded a Ph.D. from University of Göttingen in 1885.
Scholarly career 
Bhandarkar taught at Elphinstone College and Deccan College during his distinguished teaching career. He was involved in research and writing throughout his life. He retired in 1894 as the Vice Chancellor of Bombay University. He participated in international conferences on Oriental Studies held in London (1874) and Vienna (1886), making invaluable contributions. Historian R. S. Sharma wrote of him: "He reconstructed the political history of the Deccan of the Satavahanas and the history of Vaishnavism and other sects. A great social reformer, through his researches he advocated widow marriages and castigated the evils of the caste system and child marriage."
As a educationist, he was elected to the Council of India in 1903 as a non-official member. Gopal Krishna Gokhale was another member to the Council. In 1911 Ramakrishna Gopal Bhandarkar was knighted C.I.E.
Social Reformer 
In 1853, while a student, Bhandarkar became a member of the Paramhansa Sabha, an association for furthering liberal ideas which was then secret to avoid the wrath of the powerful and orthodox elements of contemporary society. Visits from Keshub Chunder Sen during 1864 had inspired the members of the Sabha. In 1866, some of the members held a meeting at the home of Atmaram Pandurang and publicly pledged to certain reforms, including (1) denunciation of the caste system, (2) encouragement of widow remarriage, (3) encouragement of female education, and (4) abolition of child marriage.
The members concluded that religious reforms were required as a basis for social reforms. They held their first prayer meeting on 31 March 1867, which eventually led to the formation of the Prarthana Samaj. Another visit by Keshub Chunder Sen and visits of Protap Chunder Mozoomdar and Navina Chandra Rai, founder of Punjab Brahmo Samaj, boosted their efforts.
- Times of India
- Sharma, R.S. (2009). Rethinking India's Past. Oxford University Press. ISBN 978-0-19-569787-2.
- "India- Governor General Council". UK Parliament. Retrieved 5 April 2011.
- Tikekar, Aroon and Tikekara, Aruna (2006), The Cloister's Pale: A Biography of the University of Mumbai, page 27, Popular Prakashan, Mumbai, India
- http://www.bori.ac.in/ Bhandarkar Oriental Research Institute