Banking Awareness

Reserve Bank of India: History, Structure and Function of RBI  History The Reserve Bank of India was founded in 1935,  under RBI Act 1934 on the recommendations of John Hilton Young Commission in 1926 which was also  called Royal Commission on Indian Currency & Finance), is the central bank of the country & was nationalized […]

 History of Banking in India In this article, we give you a detailed History of Banking in India prepared from the point of view of exams.   Introduction As per  the Banking Companies Act of 1949, Banking is defined as, A financial institution which accept deposits for the purpose of lending or investment  from the […]