When did Bombay become known as Mumbai?

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The city of Bombay officially restored its name to Mumbai in 1995.1

During the British colonial period, the city was known as Bombay, which is considered by some to be an Anglicized corruption of the name Mumbai or potentially derived from the Portuguese term Bom Baim ("Good Harbour"). The transition to the name Mumbai—the city's traditional Marathi name—was part of a broader movement to reclaim local identity.123