Our History

History of any institution aims at documenting, collating, compiling and presenting a comprehensive, authentic and objective study of the working of that institution, the events, the policies, the institutional development of the organisation. The institutional history of the central bank reflects, in some ways, the monetary history of the country, bringing down to concrete and human terms the policies, the considerations, the mistakes, the thought processes, the decision making and the broader canvas of political economy of the times.

The history of Reserve Bank of India thus not only traces the evolution of the central banking in India but also serves as a work of reference and an important contribution to the literature on monetary, central banking and development history of India. We have so far published four volumes of our history.