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The Reserve Bank of India (RBI) is the central bank of India, which was established on Apr. 1, 1935, under the Reserve Bank of India Act. The Reserve Bank of India uses monetary policy to create financial stability in India, and it is charged with regulating the country's currency and credit systems.
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The Reserve Bank of India is the centeral bank of India,which was established on April 1, 1935, under the Reserve Bank of India uses monetry policy to create financial stability of India, and it is charged with regulating the country's currency and credit systems.
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