Key Points
Prime Minister Narendra Modi will address a ceremony marking 90 years of the Reserve Bank of India in Mumbai on Monday, which will also be attended by Union finance minister Nirmala Sitharaman and RBI Governor Shaktikanta Das.I)..
Join us for the commemoration of the 90th year of Reserve Bank of India (RBI@90)..
The establishment of the Reserve Bank of India was guided by the suggestions of the Hilton Young Commission, according to the central bank's official website..
The functioning of this central bank is governed by the Reserve Bank of India Act, 1934 (II of 1934), and it began operations on April 1, 1935..
- Volume 1, published in 1970, delves into the period from 1935 to 1951, chronicling the establishment of India's central bank and its formative years..
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