Complete details about Reserve Bank of India

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Complete details about Reserve Bank of India 

Reserve Bank of India is popularly known as RBI is a Central Banking institution which controls the monetary policy of the Indian Rupee was established in the year 1935 during the British Raj in accordance with the provisions of the RBI Act 1934 and it was nationalized in the year 1949.

The Reserve Bank of India plays an important part in the development of the Government of India strategy. Mr. Raghuram Rajan is the Governor of RBI and the head quarters of RBI is in Shahid Bhagat Singh Marg, Mumbai, Maharashtra.

RBI is entrusted with the 21-member-strong Central Board of Directors—the Governor (currently Raghuram Rajan), four Deputy Governors, two Finance Ministry representative, ten government-nominated directors to represent important elements from India's economy, and four directors to represent local boards headquartered at Mumbai, Kolkata, Chennai and New Delhi. 

The recruitment for filling up of post in Reserve Bank of India is done by RBI recruiting authorities. For more details you can visit the Reserve Bank of India official website i.e http://www.rbi.org.in

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