The Reserve Bank of India Endowment Unit was established at the Department of Banking and Insurance, Faculty of commerce, The M. S. University of Baroda in 1977, with the objective of undertaking advanced research and doctoral programmes in Banking, Finance and Economics. This is the only research unit instituted to a university in the state of Gujarat.
The activities of the Reserve Bank of India Endowment Unit are funded, supervised and reviewed by the Department of Economic Analysis and Policy, Reserve Bank of India, Mumbai.
Reserve Bank of India Endowment Unit has so far produced six Ph.D. under its Research Fellowship Programme, published a large number of books and monographs and organized many national level seminars and workshops.
Dr. Dilip K. Chellani, Head, Department of Banking and Insurance is the Convener, Governing Body, RBI Endowment Unit and Dr. M.M. Beedkar, Offg. Registrar is the Co-ordinator and Member Secretary of the RBI Endowment Unit.