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May 27, 2015 11:10 PM ET

Diversified Financial Services

Company Overview of Reserve Bank of India

Company Overview

Reserve Bank of India regulates the issue of bank notes, maintains reserves to secure monetary stability, and operates the currency and credit system in India. The company also formulates, implements, and monitors the monetary policy; prescribes broad parameters for banking operations within which the country's banking and financial system work; and issues and exchanges or destroys currency and coins not fit for circulation. It also performs various promotional functions to support national objectives; manages the foreign exchange management; and performs merchant banking function for the central and the state governments, as well as acts as their banker. Reserve Bank of India was founded in...

Central Office Building

21st Floor

Shahid Bhagat Singh Marg

Mumbai,  400001

India

Founded in 1935

Key Executives for Reserve Bank of India

Deputy Governor and Director
Age: 64
Deputy Governor
Age: 60
Head of Economic Policy Statistics and Information
Executive Director
Age: 60
Compensation as of Fiscal Year 2014.

Reserve Bank of India Key Developments

Reserve Bank of India Announces Executive Changes

The Reserve Bank of India, has appointed Shri Naresh Takkar, Managing Director & Group CEO, ICRA Limited as member of External Advisory Committee (EAC) for evaluating applications of payment banks in place of Ms. Roopa udva. Ms. Kudva has recused herself from the Committee.

Housing Development Finance Corporation Limited Receives Approval from Reserve Bank of India to Raise External Commercial Borrowing

Housing Development Finance Corporation Limited announced that it has received an approval from Reserve Bank of India to raise external commercial borrowing (ECB) of up to USD 500 million. The approval is valid for a period of six months.

Reserve Bank of India - Shareholder/Analyst Call

Reserve Bank of India - Shareholder/Analyst Call

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