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Dignity of RBI 'diminished', says Mamata Banerjee on its foundation day

The RBI, headquarters, where its Governor sits, was initially established in Kolkata but was permanently moved to Mumbai in 1937.

India TV News Desk Edited by: India TV News Desk New Delhi Updated on: April 01, 2019 12:14 IST
Mamata Banerjee
Image Source : PTI/FILE

Mamata Banerjee

West Bengal Chief Minister Mamata Banerjee said the dignity of the Reserve Bank of India (RBI) has "diminished". On its foundation day, she called for maintaining "the sanctity" of the central bank along with other institutions.

"On this day in 1935, the Reserve Bank of India was established. Best wishes to all the employees of @RBI on this occasion. We have seen in recent times, how the dignity of this institution was diminished. The sanctity of these high offices must be maintained," she tweeted, on Monday.

The RBI, headquarters, where its Governor sits, was initially established in Kolkata but was permanently moved to Mumbai in 1937. 

Though originally privately-owned, after nationalisation in 1949, the RBI came to be fully owned by the central government.

WB CM's comments came just a few days ahead of the Lok Sabha elections 2019.

General elections are scheduled to be held in seven phases from 11 April to 19 May 2019 to constitute the 17th Lok Sabha. The counting of votes will be conducted on 23 May, and on the same day the results will be declared.

Legislative Assembly elections in the states of Andhra Pradesh, Arunachal Pradesh, Odisha and Sikkim will be held simultaneously with the general election.

(With IANS inputs)

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