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                                                     Reserve Bank of India  RBI started functioning on 1 April 1935.   It was established by the RBI Act 1934.   There was a provision for establishment of Central Bank in Government of  India ACT 1935.   RBI was founded by the recommendation of Young Hilton committee.  From the very beginning it was founded as central bank.   It was a private Bank   It was nationalized on 1st January 1949   It is an autonomous body   It also functioned as a central bank of Burma and Pakistan.                                                                                 Funct...

                     The securities and exchange board of India                                                                    INTRODUCTION   SEBI is a body corporate having perpetual succession and a common seal with power to  acquire, hold and dispose of property, both movable and immovable and to contract,  sue and be sued in its own name. Its Head Office is at Mumbai and is empowered to establish its offices at other places in  India. SEBI presently has offices also in Ahmedabad, Jaipur, Kolkata, Guwahati,  Bhubaneswar, New Delhi, Chennai and Bengaluru.                                                     ...