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Reserve Bank of India which was started in 1935 nationalised in:

Reserve Bank of India which was started in 1935 nationalised in:
In 1933, the White Paper on Indian Constitutional Reforms recommended the creation of a Reserve Bank. A fresh bill was introduced in the Legislative Assembly. In 1934, the Bill was passed and received the Governor General’s assent. After that, RBI started its operations from April 1, 1935.

Original headquarters of RBI were in Kolkata, but in 1937, it was shifted to Shahid Bhagat Singh Marg, Mumbai, which serves as current headquarters of RBI. First Reserve Bank note was issued in January 1938.

After independence, the government passed Reserve Bank (Transfer to Public Ownership) Act, 1948 and took over RBI from private shareholders after paying appropriate compensation. Thus, nationalization of RBI took place in 1949 and from January 1, 1949, RBI started working as a government owned bank.