The Prime Minister Narendra Modi addressed the opening ceremony of RBI@90, a program marking 90 years of the Reserve Bank of India in Mumbai.
Banking & Finance
The Prime Minister Narendra Modi addressed the opening ceremony of RBI@90, a program marking 90 years of the Reserve Bank of India in Mumbai. He also released a commemorative coin to mark 90 years of RBI. The Reserve Bank of India (RBI) commenced its operations on the 1st of April in 1935 and enters its 90th year. Established in 1935, RBI functions as the nation's central bank, following the recommendations of the Hilton Young Commission and governed by Reserve Bank of India Act, 1934. In 1937, the Central Office of the Reserve Bank was also shifted from Kolkata to Mumbai.
Reserve Bank of India (RBI)
Founded- 1 April 1935, Kolkata
HQ- Mumbai
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