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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 MPC meet begins: Will RBI keep rates unchanged after US trade deal?

The RBI's Monetary Policy Committee has started its three-day meeting today; the central bank will announce its policy decision, including on interest rates, on February 6

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Updated On : 04 Feb 2026 | 2:26 PM IST

RBI to start 3-day deliberations on interest rate from Wednesday

The decision of RBI Governor Sanjay Malhotra-headed six-member Monetary Policy Committee (MPC) will be announced on Friday

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Updated On : 03 Feb 2026 | 7:44 PM IST

RBI shores up rupee after Budget underwhelms bond, equity investors

The rupee appeared on course to open near its all-time low of 91.9875 per dollar, but the RBI's intervention helped shore it up to 91.60, a gain of 0.4 per cent from its closing level on Friday

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Updated On : 02 Feb 2026 | 11:08 AM IST

Budget 2026 spooks investors as record borrowing raises fiscal risks

Neither equity nor bond investors will likely change their mind after going through the government's latest spending priorities and borrowing plan

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Updated On : 02 Feb 2026 | 9:05 AM IST

Budget 2026-27: Inside the fiscal consolidation numbers and open questions

The Budget has largely eschewed political populism, even as several states are to go for Assembly elections in the coming months

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Updated On : 01 Feb 2026 | 11:51 PM IST

Union Budget 2026-27: Govt borrowing challenge passed on to RBI

Budget FY27 signals deeper banking reforms, possible PSB consolidation and higher borrowing, shifting the onus to RBI to manage yields and liquidity

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Updated On : 01 Feb 2026 | 11:33 PM IST

India expects record ₹3.16 trn dividend from RBI, state-run firms in FY27

The funds would be crucial for the government to meet its spending needs while keeping the fiscal deficit within 4.3 per cent of gross domestic product

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Updated On : 01 Feb 2026 | 2:59 PM IST

India's foreign exchange reserves hit record high of $709 billion

Reserves rise to a fresh peak after 17 months, aided by higher gold prices and revaluation gains, even as the rupee remains under pressure amid FPI outflows

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Updated On : 30 Jan 2026 | 11:03 PM IST

Fintech's long march from disruption to discipline in its next chapter

A decade of rapid growth gives way to partnerships, governance, and the contours of Fintech 2.0. Raghu Mohan weighs in

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Updated On : 30 Jan 2026 | 6:22 AM IST

Do NBFCs need a bank licence to grow, or is it overrated now for scale?

As regulations converge and funding widens, NBFCs say the appeal of becoming a bank is fading - but their role in last-mile credit delivery is only getting stronger

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Updated On : 30 Jan 2026 | 6:16 AM IST

10 years of the inflation targeting framework: What lies ahead next?

As RBI reviews its inflation-targeting framework ahead of 2026, former MPC members back the 4% CPI target, saying the model has anchored expectations despite global shocks

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Updated On : 30 Jan 2026 | 6:15 AM IST

Rupee internationalisation aims to reduce business risk: T Rabi Sankar

RBI Deputy Governor T Rabi Sankar says rupee internationalisation aims to reduce risk for Indian firms, not replace the dollar, and warns that stablecoins pose macro risks

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Updated On : 30 Jan 2026 | 6:07 AM IST

SBI will double its balance sheet in 6-7 years: SBI chairman CS Setty

There is greater confidence among banks to lend to MSMEs because of data availability, and clarity in terms of their business models, says Setty

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Updated On : 30 Jan 2026 | 6:03 AM IST

Holding steady: Banks resilient as global spillovers and risks persist

RBI says banks and NBFCs remain resilient with strong capital and asset quality, but flags risks from unsecured lending and global spillovers in a volatile world

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Updated On : 30 Jan 2026 | 6:01 AM IST

Longer-horizon debt funds lose return edge over shorter-duration peers

As the surge in g-sec yields remains a drag on long-duration and g-sec scheme performance

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Updated On : 29 Jan 2026 | 11:35 PM IST

Budget 2026: Too many known unknowns amid push to revive private capex

Amid data and fiscal uncertainties, the govt faces the difficult task of creating conditions to boost private capex

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Updated On : 29 Jan 2026 | 10:36 PM IST

Eco Survey calls to link microfinance investor exits to social metrics

Economic Survey 2025-26 urges linking microfinance investor exits to social impact metrics, warning that return-driven growth risks over-lending, borrower stress, and financial instability

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Updated On : 29 Jan 2026 | 6:44 PM IST

RBI likely defers plan to mandate climate risk disclosures by banks

The Reserve Bank of India's (RBI) proposed norms, which had been under discussion with banks since 2022

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Updated On : 29 Jan 2026 | 2:10 PM IST

21% of surveyed banks, institutions implementing/developing AI: Eco Survey

There is a convergence in priorities among central banks as they adopt AI, which includes using AI to enhance decision-making, improve operational efficiency, and manage risks effectively, survey said

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Updated On : 29 Jan 2026 | 1:07 PM IST

RBI to keep interest rates steady at 5.25% through 2026: Reuters poll

The central bank has lowered benchmark borrowing costs by a cumulative 125 basis points since February 2025

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Updated On : 29 Jan 2026 | 9:20 AM IST