Reserve Bank of India (RBI)
The RBI was established by passing “trasfer of public ownership Act” in Sep-1948 under which the ownership of the bank was passed into the hands of the Government of India with effect from 1st january 1949.
The RBI was established by passing “trasfer of public ownership Act” in Sep-1948 under which the ownership of the bank was passed into the hands of the Government of India with effect from 1st january 1949.