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| History of the RBI: Evolution of India's Central Bank |
Full Form: Reserve Bank of India (RBI)
Year of Establishment: 1935
Governing Act: Established under the RBI Act, 1934
Nationalization: RBI was nationalized in 1949
Headquarters:
- 1935 to 1937: Kolkata
- 1937 to Present: Bombay (Mumbai)
Currency Printing:
- RBI is responsible for printing all denominations of currency notes, except the 1 Rupee note.
- The Ministry of Finance issues the 1 Rupee note and all types of coins.
