Category: Banking

RBI HISTORY – Full Details and Facts Covered

RBI HISTORY The Reserve Bank of India (RBI) is India’s central banking institution, which controls the monetary policy of the Indian rupee. Recommended by Hilton Young Commission(1926). Established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office was initially established in Calcutta but was permanently moved to […]