Reserve Bank of India (RBI)

Mon, 11 May 2026 00:00:00 +0000

The Reserve Bank of India (RBI) is the central bank of India and the apex monetary authority in the country. Established on 1 April 1935 under the Reserve Bank of India Act, 1934, the institution was incorporated as a private joint-stock company but was nationalised on 1 January 1949 under the Reserve Bank of India (Transfer to Public Ownership) Act, 1948. Its central office – where the Governor’s office and the principal executive departments are situated – is in Mumbai, and the institution maintains a network of regional offices, sub-offices, and currency chests across the country.

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Reserve Bank of India (RBI)