|
Chronology of Events
The Beginnings - 1926 to 1935
| Date |
Event |
| 1926 |
Royal Commission on Indian Currency
(Hilton Young Commission) recommends the establishment of a
central bank to be called the
'Reserve Bank of India'. |
| 1931 |
Indian Central Banking Enquiry
Committee revives the issue of the establishment of the Reserve
Bank of India as the Central Bank for India. |
| 5 March 1934 |
Reserve Bank of India Act, 1934, (II
of 1934) constitutes the statutory basis on which the Bank is
established. |
|
|