Important Days

RBI Foundation Day 2026 - April 01

April 4 , 2026 15 hrs 0 min 48 0

It was established in 1935 under the Reserve Bank of India Act, 1934.
It is the central bank of India and manages inflation, money supply, and banking system.
Its headquarters shifted from Kolkata to Mumbai in 1937 and it was nationalised in 1949.
It performs functions like monetary policy, currency issue, and foreign exchange management (Foreign Exchange Management Act – FEMA).
It introduced E-cheques and MuleHunter.AI for fraud detection.