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Reverse Bank of India, image - Coggle Diagram

- - - - Chairman
    - - 1926
      - commision of inquiry
      - by british
      - in central & eastern Africa
      - So similar to India
        many parts controlled
        by British in Africa
      - Objectives
        
        Terretories under developed
        
        so wanted to develop
        
        But to reduce cost
      - Recommendation
        
        to create central bank
  - - - commercial bank
      - But serve British govt. to some extent
      - Functions - similar to RBI
    - - Madras
      - Bengal
      - Bombay
  - - - RBI acted as BOSS
    - - RBI acted as Mentor