Reserve Bank of India

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Reserve Bank of India
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Founded 1935
Headquarters Mumbai
Web site www.rbi.org
Releases Organization News

The Reserve Bank of India is India's central bank.

History

The Reserve Bank of India was established on Apr. 1, 1935 in accordance with the provisions of the Reserve Bank of India Act of 1934. Though originally privately owned, since nationalization in 1949, the Reserve Bank is fully owned by the government of India.

The Reserve Bank of India performs this function under the guidance of the Board for Financial Supervision (BFS). The Board was constituted in November 1994 as a committee of the Central Board of Directors of the Reserve Bank of India.[1]

In February of 2010, the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) asked stock exchanges for feedback on introduction of currency options.[2]

Products and Services

Membership

Key People

References

  1. About Us. Reserve Bank of India.
  2. Regulators Seek Bourses' View On Currency Options. Business Standard.