Skip to main content

What is the full form of RBI


RBI - Reserve Bank of India

RBI stands for Reserve Bank of India,- India's central banking institution which controls the issuance and supply of the Indian Rupee.

The Reserve Bank of India (RBI) is India's central bank, which controls the issue and supply of the Indian rupee. RBI is the regulator of the entire Banking in India. RBI plays an important part in the Development Strategy of the Government of India.
RBI regulates commercial banks and non-banking finance companies working in India. It serves as the leader of the banking system and the money market. It regulates money supply and credit in the country. The RBI carries out India's monetary policy and exercises supervision and control over banks and non-banking finance companies in India. RBI was set up in 1935 under the Reserve Bank of India Act,1934.
Labels:

Comments

Post a Comment

Thank You

Popular posts from this blog

CACP Full Form

CACP -  Commission for Agricultural Costs and Prices The Commission for Agricultural Costs & Prices (CACP) is an attached office of the Ministry of Agriculture and Farmers Welfare, Government of India. It came into existence in January 1965. Currently, the Commission comprises a Chairman, Member Secretary, one Member (Official) and two Members (Non-Official). The non-official members are representatives of the farming community and usually have an active association with the farming community.
2 comments
Read more

Get Our App for Android

Total Pageviews

|AryansWorld| "A mam is a product of his thought; what he thinks, that he becomes."