Full Form of RBI

Full Form of RBI

What is the full form of RBI?

Asked by: Rahul Saha on Feb 1, 2019.

1 Answer

Priya said: (Sat, Feb 2, 2019 12:55:54 PM IST)

Reserve Bank of India - RBI.

It is the central banking institution of India that controls the monetary policy of the Indian rupee as well as the nation's currency reserves. It was established in April 1935 with a share capital of Rs. 5 crores and was nationalized in the year 1949.

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