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The Reserve Bank of India (RBI) celebrated its momentous 90th anniversary with an opening ceremony in Mumbai, Maharashtra today, commemorating nine decades of its establishment.

RBI celebrates 90th opening ceremony in Mumbai with dignitaries

April 1, 2024, 02:10 PM - 2 min read

Modi reminisced about the challenges faced by the banking system during the 80-year celebration of RBI in 2014, including issues like NPA and stability. From those trials, he acknowledged the remarkable transformation that has elevated the Indian banking system to global prominence, attributing it to the clarity of policy, intent, and decisions. "Where intentions are right, results follow suit," PM Modi said.

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