In India, the paper currency was first issued during British East India Company rule. The first paper currency issued in India was the Re. 1 note. The first...
NABARD is the apex DFI dedicated to building rural and agricultural prosperity. Established on 12 July 1982 under the NABARD Act 1981, it was created by transferring the...
The Reserve Bank established BRBNMPL in February 1995 as a wholly-owned subsidiary to augment the production of bank notes in India and to enable bridging of the gap...
The National Housing Bank (NHB) is the apex institution for housing finance in India. It was established on 9 July 1988 under the National Housing Bank Act, 1987...
The Deposit Insurance and Credit Guarantee Corporation (DICGC) is an institution established in India to protect the interests of depositors and to promote confidence and stability in the...
Currently (September 2016), Dr. Urjit Patel is the Governor of RBI. The four Deputy Governors of RBI are Mr. Shri Harun Rashid Khan, Shri Urjit Patel, Shri R. Gandhi and Shri...
The Board of Financial Supervision (BFS) was constituted in November 1994 as a committee of the Central Board of Directors. Its objective is to undertake consolidated supervision of...
RBI’s business is overseen by Central Board of Directors, which delegates the functions to its committees and sub-committees. The Central Board of Directors is made up of the...
Central Board of Directors The Central Board of Directors is the apex governing body of the RBI. It is constituted under the RBI Act, 1934, and is appointed/nominated...
Prior to the RBI, India’s banking and currency management lacked a dedicated central authority. The Imperial Bank of India (est. 1921) performed some quasi-central banking functions like managing...
