Reserve Bank of India facts for kids

Kids Encyclopedia Facts
RBI-Tower
RBI headquarters in Mumbai

The Reserve Bank of India (RBI) is a top banking institution of the Republic of India. The bank controls the money supply in the country.

History

The bank was established on 1 April 1935, when India was under British rule. The Bank was established under the Reserve Bank of India Act, 1934. The bank was nationalised in 1949.

Images for kids

  • IND-19a-Reserve Bank of India-10 Rupees (1937)

    Reserve Bank of India-10 Rupees (1938), first year of banknote issue.

  • MonetaryMuseumRBIPlaque

    RBI runs a monetary museum in Mumbai

  • RBIDelhi

    The RBI Regional Office in Delhi.

  • Kolkata BBD Bagh1

    The regional office of RBI (right) in front of GPO (left) at Dalhousie Square, Kolkata.


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