Professional Documents
Culture Documents
Presented by
D.Selvakumar
Reserve Bank Of India
The RBI controls monetary and other banking policies of the Indian
government. The Reserve Bank of India (RBI) was established on April 1, 1935, in
accordance with the Reserve Bank of India Act, 1934. The Reserve Bank is
permanently situated in Mumbai since 1937.
Non
Scheduled Scheduled
Banks Banks
Indian Foreign
Banks Banks
Public Private
Sector Sector
The Local Area Banks (LABs) are small private banks, conceived as low cost
structures which would provide efficient and competitive financial
intermediation services in a limited area of operation, i.e., primarily in
rural and semi-urban areas, comprising three contiguous districts.