The Reserve Bank of Indian is India's Central Banking Institution. RBI Controls the issuance and Supply of the Indian rupee. The Monetary Policy Committee was established in 2016 it also Controlled monetary Policy in India. It Commenced its Operations on 1st April 1935 in Accordance with RBI Act 1934. Ther Reserve Bank of Indian Plays an Important part i the Development Strategy of the Govt of India. The RBI is the Member Bank of the Asian Clearing Union. The Body of the Reserve Bank of India has 21 Member Central Board of Directors The Governor, Four Dputy Governors, Two Finance Ministry Representatives and Ten Government Nominated Directors to Represent Important elements of India's Economy. The Bank is also active in Promoting financial inclussion Policy and is a leading member of Alliance for financial Inclussion.
2 Jobs Found