Wednesday, 7 January 2015

Banking

The Reserve Bank of India (RBI) is India's central banking institution, which controls the monetary policy of the Indian rupee

  • Reserve Bank of India started its operations on-01 Apr 1935
  • Reserve was Nationalized in ---1949
 The Head Office of the RBI is in---Mumbai
 
Governor of RBI :   

               DR.Raghuram Govinda Rajan 23rd Governor of RBI
                
               First Governor of RBI is   Sir Osbrone Smith

               First Indian Governor of RBI is Sir CD Deshmukh   

 Maximum number of Deputy Governors RBI can have--4
      

       Present Deputy Governors of  RBI are  :
                             
                          H R KhanDr Urjit Patel ,R Gandhi and Dr. K C Chakrabarty



Number of regional offices of RBI --28
RBI can issue notes upto the value of ---Rs. 10,000/-
The logo of RBI has---A palm tree and a tiger
The maximum amount for which customer's deposit is insured in a bank----Rs. 1,00,000


Institutions established by RBI and Head Office

1. Deposit Insurance and Credit Guarantee Corporation--Mumbai

2. National Housing Bank --New Delhi

3. National Bank for Agricultural and Rural Development--Mumbai

4. Securities Trading Corporation of India --Mumbai

5. Bharatiya Reserve Bank Note Mudran Private Limited--Bangalore

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