*Central Bank of India: Reserve Bank of India (RBI)*No of Central Bank in India: One (1)
*Reserve Bank of India Act passed in 1934.
*Reserve Bank of India (RBI) established on 1 April 1935.
*Reserve Bank of India (RBI) established on the recommendation
of Hilton-Young Commission.
*Hilton-Young Commission submitted its report in the year 1926.
*Initially RBI was constructed as a Private Share holders’ bank with fully paid-up capital of Rs 5 Crores.
*RBI was nationalize in the year of 1st January,1949.
*RBI is a statutory body.
*RBI is the sole authority in India to issue Bank notes in India.
*RBI can issue currency notes as much as the country requires, provided it has to make a security deposit of Rs. 200 crores, out of which Rs. 115 crores must be in gold and Rs. 85 crores must be FOREX Reserves.
*Emblem of RBI: Panther and Palm Tree.
*Initially the headquarter of RBI was in Calcutta (Now Kolkata) but in 1937 it was permanently moved to Mumbai, Maharastra.
*The Reserve Bank of India has 19 regional offices, most of them in state capitals and 9 Sub-offices.
*The Executive head of RBI is known as Governor. The governor is associated by Four Deputy Governors.
*The bank has also two training colleges for its officers, viz. Reserve Bank Staff College at Chennai and College of Agricultural Banking at Pune.
*RBI is a member bank of the Asian Clearing Union.
*Chintaman Dwarkanath Deshmukh (C D Deshmukh) was the governor of RBI at the Time of nationalization of RBI in 1949.
*C D Deshmukh, the Governor of RBI, represented India at the Bretton Woods negotiations in 1944.
*1st women Deputy Governor of RBI - K.J.Udeshi.
*RBI is not a Commercial Bank.
*RBI prints currency in 15 Languages.
*RBI is a member of IMF (International Monetary Fund).
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