The current of an electron revolving around a heavy nucleus is given as:
$I=\dfrac{e}{T}=\dfrac{e}{2\pi r/v}=\dfrac{ev}{2\pi r}$
Substituting the angular momentum of the revolving electron we get,
$l = mvR$
$vR=\frac{l}{m}$
Therefore, $\mu_l=\frac{el}{2m}$
$\frac{\mu_l}{l}=\frac{e}{2m}$.
The above equation is known as Gyromagnetic ratio.