The Reserve Bank of India (RBI) is the nation’s central bank. It was established in 1935. Operating as an autonomous body, the RBI plays a crucial role in shaping India’s monetary policy, regulating financial institutions, and maintaining economic stability. The RBI was established on April 1, 1935, following the recommendations of the Hilton Young Commission. […]
Tag: RBI
Job Opportunities at Reserve Bank of India (RBI)
Application for Engagement of Bank’s Medical Consultant (BMC) on contract basis with fixed hourly remuneration at College of Agricultural Banking, Pune (19 March 2025) Applications are invited from eligible candidates for one (1) post (UR category) of Medical Consultant (MC) on contractual basis, with fixed hourly remuneration for the dispensary of College of Agricultural Banking, […]
RBI Imposes Rs. 50 Million Penalty on Bank of Baroda
The Reserve Bank of India has imposed a penalty of Rs. 50 million on Bank of Baroda (BoB), after finding irregularities in alleged Rs 6,100 crore forex transactions that were revealed in October last year. “Pursuant to the internal audit of the Bank of Baroda, the Reserve Bank of India and investigative agencies in October […]