Reserve Bank of India Reserve Bank of India The Reserve Bank of India (RBI) is India's central banking institution, which controls the issuance and supply of the Indian rupee. Until the Monetary Policy Committee was established in 2016, it also controlled monetary policy in India. It commenced its operations on 1 April 1935 in accordance with the "Reserve Bank of India Act, 1934". The original share capital was divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders. Following India's independence on 15 August 1947, the RBI was nationalised on 1 January 1949. The RBI plays an important
Central line (Mumbai Suburban Railway) Central line (Mumbai Suburban Railway) The Central line of the Mumbai Suburban Railway is a public transit system serving Mumbai, Maharashtra, India. It consists of 24 stations from Chhatrapati Shivaji Maharaj Terminus (C.S.M.T.) to Kalyan Junction. The entire line is at grade. It has section of quadruple track starting from Chhatrapati Shivaji Terminus and ends at Kasara, Roha, Lonavala and Khopoli junctions in Maharashtra The Central line in Mumbai consists of three major corridors, which bifurcate as they run into suburban satellite towns. Two corridors (one local and other through) on Central Railway run from CST to Kalyan Junction (55