Solution

The Reserve Bank of India's fully owned subsidiaries include the Deposit Insurance and Credit Guarantee Corporation of India (DICGC), Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), Reserve Bank Information Technology Private Limited (ReBIT), Indian Financial Technology and Allied Services (IFTAS), and the Reserve Bank Innovation Hub (RBIH). MUDRA (Micro Units Development and Refinance Agency) is not a fully owned subsidiary of the RBI.