- Also called "Central Bank of India"
- Established on April 1st, 1935.
- RBI Act introduced in 1934.
- Controls all Economic Activities in India.
- J.M. Keens plans for establishment of RBI.
- Hilton Young Committee report is the base for establishment of RBI
- Head Quarter - Mumbai
- Initially started with 5 Crores
- Nationalised on Jan 1st, 1949
- First Governor - Sir O.S Borne Archel Smith
- First Indian Governor - C.D. Deshmukh
- First Women Deputy Governor - K.J. Udeshi
- RBI prints currency in 15 Languages
- Governor Tenure - 3 years
- It is not controlling Jammu & Kashmir state monitory system
- RBI Emblem - Pipal tree and Tiger
- Parliamentary Bhavan prints currency in Rs.50/- and 50 paise.
- Regional Offices - 19
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