Reserve Bank Of India State Owned Institution

My name is Amit. I want to know when the Reserve Bank of India became a State-owned institution. Please tell me about this because I am preparing for CSAT Examination and this question is most important?

Hello sir I want to know about Reserve Bank of India State Owned Institution so here can you please give me details ?

[Raman Vij]

Hey as The Reserve Bank of India is India's central banking institution, which controls the monetary policy of the Indian rupee.

Functions

Banker to the Government: performs merchant banking function for the central and the state governments; also acts as their banker.

Banker to banks: maintains banking accounts of all scheduled banks.

Departments

Consumer Education and Protection Department
Corporate Strategy and Budget Department
Department of Banking Regulation
Department of Banking Supervision
Department of Communication
Department of Cooperative Bank Regulation
Department of Cooperative Bank Supervision
Department of Corporate Services
Department of Currency Management
Department of Economic and Policy Research
Department of External Investments and Operations
Department of Government and Bank Accounts
Department of Information Technology
Department of Non-Banking Regulation
Department of Non-Banking Supervision
Department of Payment and Settlement Systems
Department of Statistics and Information Management
Financial Inclusion and Development Department
Financial Markets Operation Department
Financial Markets Regulation Department
Financial Stability Unit
Foreign Exchange Department
Human Resource Management Department
Inspection Department
Internal Debt Management Department
International Department
Legal Department
Monetary Policy Department
Premises Department
Rajbhasha Department
Risk Monitoring Department
Secretary's Department
Central Vigilance Cell

Address:

Reserve Bank of India

Central Office Building,

Shahid Bhagat Singh Road,

Fort, Mumbai,

Maharashtra 400001