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
Dabang Mumbai Dabang Mumbai Dabang Mumbai (abbreviated as DBM) is a field hockey team based in Mumbai, Maharashtra that plays in the Hero Hockey India League (HIL). The aim is to build a team for the eight-time Olympic Champions, India be able to compete at the highest level of World Hockey. It is owned by DoIT Sports Management. Australia coach Jay Stacy serves as the head coach for the team. The team is owned by DoIT Sports Management (India) Pvt Ltd, which was incorporated as a part of DoIT Creations Group with the vision of promoting sports, athletes, sports facilities and events