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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

  • Reserve Bank of India 2010 stamp

    A 2010 stamp dedicated to the 75th anniversary of the Reserve Bank of India

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

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

  • MonetaryMuseumRBIPlaque

    RBI Monetary Museum in Mumbai was established by the bank under its educational programme in 2004.

  • View of RBI Chennai from suburban train

    The Regional Reserve Bank building as seen from the Chennai Suburban Railway lines

  • General Post Office and Reserve Bank of India, Kolkata, India

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

  • Nagpur Reserve Bank

    Nagpur branch holds most of India's gold deposits.

  • 2016 Indian currency note demonetisation

    People gathered at ATM of Axis Bank in Mehsana, Gujarat to withdraw cash following deposit of demonetised currency notes in bank on 15 November 2016.

  • People gathered at SBI ATM in Paravur near Kollam city in Kerala due to Indian currency demonetisation, Nov 2016

    Long queue in front of SBI ATM at Paravur near the city of Kollam in Kerala, 19 November 2016.

  • Queue at ATM for INR 100 Notes - Howrah 2016-11-08 1773

    Queue at a Bank of Baroda's ATM for ₹100 banknotes in Howrah, on 8 November 2016, 22:23 (IST)

  • Queue at Bank to Exchange INR 500 and 1000 Notes - Salt Lake City - Kolkata 2016-11-10 02103

    People queue outside Axis Bank to deposit and exchange old ₹500 and ₹1,000 banknotes in Kolkata on 10 November 2016

See also

Kids robot.svg In Spanish: Banco de la Reserva de la India para niños

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