Prime Minister Narendra Modi addresses the 90th foundation day celebration of Reserve Bank of India (Source: RBI/YouTube)
2 years ago
Apr 01, 2024
Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and Governor Shaktikanta Das will address the event to mark 90 years of Reserve Bank of India.A short film on the nine decades of the central bank will be played during the event. Modi will also release a commemorative coin to mark the occassion.
RBI Known For Professionalism And Commitment: PM Modi
Reserve Bank Of India is known for professionalism and commitment across the world, prime minister Narendra Modi said at RBI's 90th anniversary ceremony event in Mumbai.
RBI's policies today will pave the way for the next decade, PM added.
The Reserve Bank of India was established on April 1, 1935 under the provisions of the Reserve Bank of India Act, 1934. It used to be privately owned, before being nationalised in 1949.
The Central Office of the banking regulator—where the RBI Governor sits and policies are former—was first set up in Kolkata but was later relocated to Mumbai in 1937.
Narendra Modi, Nirmala Sitharaman To Attend RBI's 90th Anniversary Celebrations
Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and Governor Shaktikanta Das will address the event to mark 90 years of Reserve Bank of India.
A short film on the nine decades of the central bank will be played during the event. Modi will also release a commemorative coin to mark the occassion.