1985 - RBI Golden Jubilee | Commemorative Coin

The first commemorative coin of 1985 was released to mark the Golden Jubilee of the Reserve Bank of India.

The Reserve Bank of India (RBI) holds a pivotal role as the central banking institution in India, wielding authority over the monetary policy of the rupee. Established on April 1, 1935, during the era of British Raj, it operates in alignment with the provisions laid out in the Reserve Bank of India Act, 1934. The RBI plays a crucial role in shaping the development strategy of the government and holds membership in the Asian Clearing Union.

At the helm of the RBI is the Central Board of Directors, the principal committee of the central bank. Directors, appointed by the Government of India for a four-year term, constitute this board. The Board is composed of a governor, four deputy governors, four directors representing the regional boards, and ten other directors with expertise across diverse fields.

Beyond its foundational responsibilities, the RBI has been commemorated through the issuance of a commemorative coin in 1985, marking its Golden Jubilee. This coin not only celebrates the institution's significant milestone but also serves as a testament to its enduring influence on India's economic landscape.