Milestones in RBI’s History : A Newsibition in MumbaiBy RBI
Monday, December 12, 2011
Smt. Usha Thorat, Director, Center for Advanced Financial Research and Learning (CAFRAL) and former Deputy Governor, Reserve Bank of India inaugurated the Reserve Bank of India’s Newsibition today at the Reserve Bank of India, First Floor, Byculla Office, (Opposite Mumbai Central Railway Station), Mumbai - 400 008.
The Newsibition is part of the Reserve Bank’s outreach and financial literacy efforts. Apart from demystifying the Reserve Bank and its functions, the Newsibition endeavours to depict the 76 years of the Reserve Bank’s history. It is called ‘Newsibition’ as it largely depicts the Reserve Bank’s history through newspaper clippings and photographs. The ‘Newsibition’ also has some rare documents from the Reserve Bank’s archives. It gives a glimpse of the spirit of the times and events not only as they happened but also how they were viewed by the public at large through media reports.
The display is divided into nine sections representing different phases in the Reserve Bank’s evolution. These take the viewer down 76 years of central banking history covering critical events and policies. The Newsibition weaves the history of the Reserve Bank with the country’s economic history. The Newsibition also captures some interesting anecdotes and stories.
In addition to the history of the Reserve Bank, the Newsibition also has panels and film on currency and its security features as also, games/activities that will help young students learn about economy, central banking, banking and finance in fun way.
The Exhibition will remain open for public viewing from December 12, 2011 till January 14, 2012, between 10 am and 6 pm, including Saturdays and Sundays.
Press Release : 2011-2012/923