In this video you will learn about the origin and history of Reserve Bank of India, how it evolved as an institution from 1921 - 2005. What was the central bank in India before RBI, then what happened to RBI before and after Independence, then how RBI grew as a big player in the Indian financial system during 1960 - 70. How RBI started regulating other banks, what was the role of RBI in 1991 Indian economic crisis and how it brought reform in the financial sector post 1991 crisis. All these questions have been answered in this video with the help of a beautiful timeline. This is a crash course lecture on RBI and Banking system in India for UPSC Civil Service Prelims and Mains, IAS, SSC CGL, CDSE, NDA exam point of view.
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