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What is Reserve Bank of India (RBI)

Reserve Bank of India

About Reserve Bank of India

What is Reserve Bank of India (RBI)

The Reserve Bank of India (RBI) is the central bank of India whose primary function is to manage and govern the financial system of the country. It is a statutory body established in the year 1935 under the Reserve Bank of India Act, 1934. The central bank regulates the issue and supply of the Indian rupee. It also looks after the central government’s money. The central bank plays the role of the bankers’ bank and regulates the banking sector. It also plays an important role in India’s development story by supporting the government in its developmental projects and policies.
 
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Latest Updates on Reserve Bank of India

RBI seeks to tighten oversight of govt NBFCs with new classification norms

Uncertainty lingers over Tata Sons de-classification as upper-layer NBFC

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Updated On : 12 Apr 2026 | 11:38 PM IST

Bankers see merit in RBI's one-hour e-payment lag despite cost concerns

Bankers support RBI's proposal for delayed digital payments to curb fraud, but flag infrastructure costs and suggest raising the threshold from Rs 10,000 to Rs 25,000

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Updated On : 12 Apr 2026 | 11:35 PM IST

Time for change: If nominees can sell shares, why not real estate?

If financial regulators can make transmission of securities and bank deposits swift and certain, there is no reason why state governments cannot do the same for real estate

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Updated On : 12 Apr 2026 | 9:44 PM IST

Four executive directors in fray for RBI deputy governor's post

Vivek Deep, Rohit Jain, Radha Shyam Ratho and Ajay Kumar - all executive directors of RBI - will likely be interviewed for the post on Monday

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Updated On : 10 Apr 2026 | 11:20 PM IST

Reserve Bank announces 7-day cash withdrawal to absorb surplus liquidity

RBI will conduct ‌a seven-day variable rate reverse repo auction for ₹2 trillion between 2 pm and 2:30 pm, and the reversal of these funds will take place on April 17

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Updated On : 10 Apr 2026 | 2:03 PM IST

Biggest currency clampdown in a decade risks backfiring for India

Jefferies estimates banks could face losses of up to ₹5,000 crore ($539 million) from the forced unwinding

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Updated On : 10 Apr 2026 | 12:00 PM IST

Banks exit bulk of rupee arbitrage positions ahead of RBI deadline

RBI imposed limits on banks on ‌March 27, directing them to cap their net open positions in the rupee in the onshore market at $100 million, requiring that they comply by April 10

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Updated On : 10 Apr 2026 | 7:48 AM IST

RBI paper suggests 1-hour lag for digital payments over ₹10k to curb frauds

RBI proposes a one-hour delay for digital payments above Rs 10,000, alongside safeguards like trusted authentication and account monitoring, as fraud cases surge sharply

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Updated On : 09 Apr 2026 | 11:48 PM IST

Decision on Tata Sons listing likely soon amid Trusts controversies

While there are indications that the status of Tata Sons as an upper-layer NBFC may be on the table, the RBI has not commented on any specific company issue

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Updated On : 09 Apr 2026 | 11:46 PM IST

RBI allows NBFCs access to term money market; volumes likely to rise

Move expected to improve liquidity and price discovery, though borrowing costs may remain aligned with commercial paper rates due to credit profile differences

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Updated On : 09 Apr 2026 | 10:44 PM IST

Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline

The measures were aimed specifically at curbing arbitrage trades between the onshore market and the non-deliverable forward (NDF) market, per bankers

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Updated On : 09 Apr 2026 | 3:52 PM IST

RBI goes for extended pause before rate hike amid rising uncertainties

RBI holds rates and signals a prolonged pause, balancing strong domestic fundamentals against rising global risks and persistent uncertainty

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Updated On : 08 Apr 2026 | 11:43 PM IST

RBI plans to rationalise board norms, shift focus to strategy, policy

RBI plans to revise board norms to reduce compliance burden and enable bank boards to focus more on strategy and policy, amid feedback from industry stakeholders

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Updated On : 08 Apr 2026 | 11:18 PM IST

India's banking system resilient, safe, strong: RBI Governor Malhotra

RBI Governor says banking system remains resilient despite recent fraud cases, with no systemic risks seen and strong regulatory oversight in place

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Updated On : 08 Apr 2026 | 11:13 PM IST

'Quite possible that rates will remain low in the near to medium term'

RBI signals policy flexibility amid uncertainty, with stable growth outlook, no rate path commitment, and confidence in inflation control and financial stability

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Updated On : 08 Apr 2026 | 10:45 PM IST

RBI proposes scrapping IFR, allows quarterly profit inclusion in CRAR

Banks could see Rs 35,000 - Rs 40,000 crore freed up of IFR corpus through reversal

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Updated On : 08 Apr 2026 | 10:39 PM IST

RBI opens term money market to NBFCs, corporates to boost liquidity

RBI allows NBFCs, corporates and AIFIs to participate in term money market to deepen liquidity, improve price discovery and strengthen policy transmission

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Updated On : 08 Apr 2026 | 7:45 PM IST

RBI simplifies MSME onboarding on TReDS, removes due diligence norm

RBI proposes removing due diligence requirement for MSMEs on TReDS platform to improve access to working capital and encourage wider participation

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Updated On : 08 Apr 2026 | 7:42 PM IST

Rupee curbs due to excessive speculation, not a structural shift: RBI Guv

Deputy Governor T Rabi Sankar said there was an "artificial drying up" of supply in the market during those days, which led to the measures

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Updated On : 08 Apr 2026 | 4:47 PM IST

Average unclaimed deposit payouts rise to ₹760 crore per month: RBI

RBI says average monthly payouts of unclaimed deposits rose to Rs 760 crore after campaigns and incentives, up from Rs 180 crore earlier, reflecting improved recovery efforts

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Updated On : 08 Apr 2026 | 4:43 PM IST