reserve bank of india

Description The Reserve Bank of India (RBI) is India's central banking institution, which formulates the monetary policy with regard to the Indian rupee. It was established on 1 April 1935 during the British Raj in accordance with the provisions of the Reserve Bank of India Act, 1934 RBI’S...

Extension Counters RBI has revised the existing policy for opening of extension counters by UCBs. Eligibility norms : An UCB, which desires to open extension counters, should comply with the following norms; Licensed urban co-operative banks which are not classified as weak / sick, are...