0
The Reserve Bank does not have a President but has a Governor.
The present Governor of Reserve bank of India is Duvvuri Subbarao. Some of the previous governors of RBI in reverse order are:
1. Y Venugopal
2. Bimal Jalan
3. C Rangarajan
4. S Venkitramanan
5. R N Malhotra
6. A Ghosh
7. Manmohan Singh
8. I G Patel
9. M Narasimham
10. K R Puri
11. N C Sen Gupta
12. S Jagannathan
13. B N Adarkar
14. L K Jha
15. P C Bhattacharya
16. H V R Iyengar
17. K G Ambegaonkar
18. Sir Benegal Rama Rau
19. Sir C D Deskmukh
20. Sir James Taylor
21. Sir Osborne Smith (The first governor)
Reserve Bank of India supervises/oversees the banking operations of all banks in India. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds). They also decide the lending and deposit rates for all banks in the country.
The Reserve Bank of India was started in the year 1935 during the British Rule. RBI is the central bank of India that regulates and supervises the operations of all the banks that operate within India. Any bank that operates inside the borders of the Indian country, have to follow the guidelines laid down by RBI.
The current Governor is Mr. Duvvuri Subbarao.
Formerly Reserve Bank of India was know as Imperial bank of india....
Add your answer:
Earn +20 pts
Who appoints governor of Reserve Bank of India?
president
How many reserve banks in India?
branches of reserve bank in India
What does RBI stands for in India?
Reserve Bank of India.
When was reserve bank of India established?
Reserve Bank of India was established on 1st April 1935 through the Reserve Bank of India Act, 1934, when the British Ruled India. It is the central bank of India that governs the operations of all banks in the country. It was created to help reduce the economic troubles in India after the first world war.
Who declares the credit policy in India?
its by reserve bank of india..
Who appoints governor of Reserve Bank of India?
president
How many reserve banks in India?
branches of reserve bank in India
Which was the first bank of India?
The Reserve Bank of India
What is the bank of the government of India?
Reserve bank of India
When was Reserve Bank of India created?
Reserve Bank of India was created on 1935-04-01.
When reserve bank of India established?
reserve bank was established in 1952
Reserve bank of India established?
reserve bank was established in 1952
Indias biggest bank?
Reserve bank of India is the Banker to the Banks. Reserve bank of india,is not open for normal customers.For customers, the biggest bank is State Bank of India.
What is the name of central bank of India?
reserve bank of India
Which bank is called Bankers Bank in India?
the bankers bank in India is RESERVE BANK OF INDIA known as RBI
Regulation of bank in India?
RBI - Reserve Bank Of India regulates the banks in India.
Is reserve bank of India a commercial bank?
No. Reserve Bank of India is the central bank of India. It is not a regular commercial bank. It supervises and regulates the working and operations of all commercial banks in India. It has been in existence since the British Rule in India.
