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At the turn of the 20th century, the first rumblings of an organized freedom struggle were heard and felt across the length and breadth of undivided India.

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Reserve Bank of India

Establishment
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.

The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated.

Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India.

Preamble
The Preamble of the Reserve Bank of India describes the basic functions of the Reserve Bank as:
"...to regulate the issue of Bank Notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage."

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Central Board
The Reserve Bank's affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act.

Appointed/nominated for a period of four years
Constitution:

Official Directors

Full-time : Governor and not more than four Deputy Governors

Non-Official Directors

Nominated by Government: ten Directors from various fields and one government Official
Others: four Directors - one each from four local boards

Functions : General superintendence and direction of the Bank's affairs
SECRETARY'S DEPARTMENT

Names and addresses of the Directors of the Central Board of the Reserve Bank of India
1.	Dr. D Subbarao Governor Reserve Bank of India Central Office Mumbai 400 001.	@11.	Shri Azim Premji Chairman, WIPRO Limited Doddakannelli, Sarjapur Road, Bangalore – 560033
2.	Smt. Shyamala Gopinath Deputy Governor Reserve Bank of India Central Office Mumbai 400 001.	@12.	Shri Kumar Mangalam Birla Chairman, Aditya Birla Group of Companies Aditya Birla Centre, S. K. Ahire Marg, Worli Mumbai – 400 030
3.	Smt. Usha Thorat Deputy Governor Reserve Bank of India Central Office Mumbai 400 001.	@13.	Smt. Shashi Rajagopalan Plot No. 10, Saket Phase 2 Kapra, ECIL Post Hyderabad – 500 062
4.	Dr.K.C.Chakrabarty Deputy Governor Reserve Bank of India Central Office Mumbai 400 001.	@14.	Shri Suresh Neotia B-32, Greater Kailash Part - I New Delhi – 110 048
5.	Dr. Subir Gokarn Deputy Governor Reserve Bank of India Central Office Mumbai 400 001.	@15.	Dr. A. Vaidyanathan B-1, Sonali Apartment, Old No. 11 Beach Road, Kalakshetra Colony Chennai – 600 090
*6.	Shri Y.H. Malegam Chartered Accountant C/o S. B. Billimoria & Company Meher Chambers (2nd floor) R. Kamani Road, Ballard Estate Mumbai 400 001	@16.	Prof. Man Mohan Sharma 2/3 Jaswant Baug (Runwal Park), Behind Akbarallys, Chembur Naka Mumbai – 400 071
*7.	Prof. Suresh D. Tendulkar Economist, AD-86-C, Shalimar Bagh, New Delhi – 110 088	@17.	Dr. D. Jayavarthanavelu Chairman & Managing Director Lakshmi Machine Works Limited 34 A, Kamraj Road Coimbatore -641018
*8.	Prof. U. R. Rao Chairman, Physical Research Laboratory Department of Space, Government of India Antariksh Bhavan, New BEL Road Bangalore – 560 094	@18.	Shri Sanjay Labroo Managing Director & CEO Asahi India Glass Ltd. Global Business Park Tower - B, 5th Floor' Mehrauli - Gurgaon Road Gurgaon - 122002 (Haryana)
*9.	Shri Lakshmi Chand IAS (Retd.), C-12, Sector 14 NOIDA, Gautham Budh Nagar Uttar Pradesh	#19.	Shri Ashok Chawla Finance Secretary Government of India Ministry of Finance New Delhi 110001
@10.	Shri H. P. Ranina Advocate, Supreme Court of India, 506, Raheja Centre, 214 Backbay Reclamation, Free Press Journal Road, Mumbai - 400 023

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