Question
The Reserve Bank has opened a sub-office at Kohima, and
announced its aim to soon have an office in Itanagar to strengthen its presence in North East India.How many offices are already present in the northeast region?Solution
The Reserve Bank has opened a sub-office at Kohima, and announced its aim to soon have an office in Itanagar to strengthen its presence in North East India. In the north-eastern region, RBI is present in Assam, Manipur, Meghalaya, Mizoram, Tripura and Nagaland. The Kohima sub-office houses Financial Inclusion and Development Department (FIDD), Consumer Education and Protection Cell (CEPC), Market Intelligence Cell and Human Resource Management Department (HRMD), while the currency management for Nagaland will continue from the Guwahati office. The newly inaugurated sub-office is headed by general manager Paresh Chauhan.
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