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
Mumbai Central - Indore Duronto Express take over until Ratlam Junction following which a Ratlam based WDM 2 or WDM 3A locomotive would take over. Western Railway completed DC Electric Conversion to AC on 5 February 2012 & with the electrification of the Indore - Ujjain sector, it is now regularly hauled by a Vadodara based WAP 4E or WAP 5 all the way from Mumbai Central to Indore Technical Stoppages: Vadodara Junction, Ratlam Junction, Ujjain Junction Mumbai Central - Indore Duronto Express The Indore Duronto Express is a superfast express train of the Indian Railways connecting Mumbai Central (MMCT) to Indore (INDB). It is currently