Imperial Bank of India Bank of India performed all the normal functions which a commercial bank was expected to perform. In the absence of any central banking institution in India until 1935, the Imperial Bank of India also performed a number of functions which are normally carried out by a central bank. The Reserve Bank of India, which is the Central bank of India, in the year 1955, acquired a controlling interest in the Imperial Bank of India, and the Imperial Bank of India was renamed on 30 April 1955 to the State Bank of India. This transformation from the Imperial Bank of India
The Institute of Science, Mumbai flat central dome of the Cowasji Jehangir Hall, manage to harmonize with the 19th century buildings surrounding it. Protected from the street by the many-arched facades are a botanical garden, herbarium and a park. The Institute of Science is awarded the status of "College with potential for Excellence" by the UGC in 2009 and awarded generous grants for infrastructure development. The Institute of Science, Mumbai The Institute of Science (formerly known as the Royal Institute of Science (RIS)) is an institution of postgraduate education and research located in Mumbai, India. It is managed by the Government of Maharashtra and is