Reserve Bank of India
The Reserve Bank of India (RBI) is a top banking institution of the Republic of India. The bank controls the money supply in the country.
History
The bank was established on 1 April 1935, when India was under British rule. The Bank was established under the Reserve Bank of India Act, 1934.[1] The bank was nationalised in 1949.[2]
Reserve Bank Of India Media
RBI Monetary Museum in Mumbai was established by the bank under its educational programme in 2004.
The Regional Reserve Bank building as seen from the Chennai Suburban Railway lines
Reserve Bank of India regional office, Delhi entrance with the Yakshini sculpture depicting "Prosperity through agriculture".
The regional office of RBI (right) in front of GPO (left) at Dalhousie Square, Kolkata.
Nagpur branch holds most of India's gold deposits.
References
- ↑ "Reserve Bank of India Act, 1934; retrieved 2012-6-27.
- ↑ "Reserve Bank of India: Platinum Jubilee", p. 6 [PDF 8 of 40]; retrieved 2012-6-27.
Other websites
Media related to Reserve Bank of India at Wikimedia Commons
- Reserve Bank of India website Archived 2010-12-19 at the Wayback Machine