Reserve Bank of India(RBI), was established in April 1935 with a capital of 5 crores on the recommendations of the Hilton Young Commission. Later in 1949 it was nationalized under the general superintendence and direction entrusted to a 20 members central board of Directors.
Structure of RBI
Governor
4 Deputy Governors
1 Government official from the Ministry of Finance,
10 Nominated Directors
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