The reserve bank of india is locked in a bitter stand off with the administration of prime minister narendra modi with the deputy governor warning of potentially catastrophic consequences. Indias government has appointed shaktikanta das a career bureaucrat as the countrys central bank governor following the sudden resignation of his predecessor urjit patel.
The two most important features of the site are.
Reserve bank of india governor. The reserve bank of india rbi is indias central banking institution which controls the issuance and supply of the indian rupeeuntil the monetary policy committee was established in 2016 it also controlled monetary policy in india. Indian rupee currency notes issued by the reserve bank of india rbi bear the governors signature. Ombudsman scheme for digital transactions 2019.
Executive director reserve bank of india. Two a much improved search well at least we think so but you be the judge. The reserve bank of india has offices at 31 locations.
The original share capital was divided into shares of 100. The governor of the reserve bank of india is the chief executive of indias central bank and the ex officio chairperson of its central board of directors. To see the profile of the office.
It commenced its operations on 1 april 1935 in accordance with the reserve bank of india act 1934. Choose the city in the map. Since its establishment in 1935 by the british colonial government the rbi has been headed by twenty five governors.
Though the reserve bank of india has taken efforts to ensure the accuracy of the text as well as the footnotes of the act it will not be responsible in. April 14 2015 dear all welcome to the refurbished site of the reserve bank of india. The reserve bank of new zealand manages monetary policy to maintain price stability promotes the maintenance of a sound and efficient financial system and supplies new zealand banknotes and coins.
In a sharp reversal from october when the reserve bank of india took rate cuts off the table governor shaktikanta das who took office in december opened the door to more policy easing and. Reserve bank of india act 1934 as modified up to february 28 2009 disclaimer. One in addition to the default site the refurbished site also has all the information bifurcated functionwise.