RBI
RBI Assistant Manager In Grade A 2022 – Available | Sarkari Results
RBI – Officers in Grade B 2022 – Available | Sarkari Results
RBI – RBI Assistant Post 950 Vacancies Recruitment 2022
The Reserve Bank of India (RBI) is India’s central bank and regulatory authority, in charge of the issue and supply of the Indian rupee as well as banking system regulation.
It also oversees the country’s primary payment networks and aims to further the country’s economic growth.
The Bharatiya Reserve Bank Note is a banknote issued by the Reserve Bank of India’s Mudran, which is a specialised division of the Reserve Bank of India that mints Indian bank notes and coins.
To regulate India’s payment and settlement systems, the Reserve Bank of India established the National Payments Corporation of India as a specialised division.
The Deposit Insurance and Credit Guarantee Corporation was established by the Reserve Bank of India as one of its specialised departments with the goal of providing deposit insurance and credit guaranteeing to all Indian banks.
It also had full control of monetary policy in the country until the Monetary Policy Committee was constituted in 2016.It began operations on April 1, 1935, in accordance with the Reserve Bank of India Act, 1934.
The initial share capital was divided into 100 fully paid shares.
Following India’s independence on August 15, 1947, the RBI was nationalised on January 1, 1949.