The Reserve Bank of India was started in the year 1935 during the British Rule. RBI is the central bank of India that regulates and supervises the operations of all the banks that operate within India. Any bank that operates inside the borders of the Indian country, have to follow the guidelines laid down by RBI.
Reserve Bank of India.
State Bank of India (SBI) is the largest nationalized bank in India but it does not perform any role when it comes to Reserve Bank of India (RBI). The RBI is an independent entity that takes policy decisions with respect to Banking in India and SBI along with all other banks in India have to adhere to the guidelines set up by RBI.
rbi
state bank of India
explain in detail rbi's measures of money supply
Devvuri Subbarao
22
RBI
RBI
RBI - Reserve Bank Of India regulates the banks in India.
It means run(s) batted in. RBI also stands for Reserve Bank of India.
The Reserve Bank of India (RBI) was nationalized in 1949. This took place following the Reserve Bank of India Act, 1934, which established the RBI as the central bank of India, and the nationalization formalized government control over its operations.