Social Sciences, asked by Anonymous, 10 months ago

Gk question
What is the old name for RBI bank?

Answers

Answered by rajnitiwari192003
5

Answer:

Prior to establishment of RBI in 1935, the functions of a central bank were virtually being done by the Imperial Bank of India, which was established in 1921 by merging three Presidency banks.

Answered by vaishnavi7724
1

Answer:

it was called as Central Bank of India .

Explanation:

Prior to establishment of RBI in 1935, the functions of a central bank were virtually being done by the Imperial Bank of India, which was established in 1921 by merging three Presidency banks. It was mainly a commercial bank but also served as banker to the government to some extent.

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