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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

Post Fed rate hike, experts see up to 50bps RBI policy tightening in CY26

Experts said that the key point is not the size of the increase, but the change in direction, and expect the RBI to consider 50bps hikes in both the October and December policy meetings this year

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Updated On : 17 Sep 2026 | 2:20 PM IST

RBI absorbs ₹2.4 trillion via VRRR auction amid surplus liquidity

The Reserve Bank of India fully accepted bids worth ₹2.39 trillion at a cut-off and weighted average rate of 5.24 per cent as banking system liquidity surplus reached ₹7.38 trillion

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Updated On : 17 Sep 2026 | 1:22 PM IST

Tata Sons board to mull asking Chandrasekaran to stay on amid RBI IPO push

The holding company's board is set to consider its listing obligations after the RBI refused to relax the rules, while its committee may seek the chairman's continuation

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Updated On : 17 Sep 2026 | 9:01 AM IST

RBI absorbs ₹2.9 trillion via two VRRR auctions amid surplus liquidity

The RBI, since last month, has been conducting various VRRR auctions in order to absorb surplus liquidity from the banking system and align the overnight money market rates to the repo rate

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Updated On : 16 Sep 2026 | 1:36 PM IST

Tata Chem rebounds 14% from intra-day low on huge volume; up 29% in 2 days

Tata Chemicals' holding in Tata Sons is around 2.5 per cent. Going by the rough-cut valuation, hypothetically, the investment value could be ₹10,000-15,000 crore, as per ICICI Securities.

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Updated On : 16 Sep 2026 | 12:03 PM IST

Traders brace for prolonged India bond slump as RBI mops up excess cash

Bond traders expect yields to rise as the RBI drains excess liquidity amid higher oil prices, rising inflation and heavy government debt supply

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Updated On : 16 Sep 2026 | 11:35 AM IST

RBI backs MDR on large-value UPI transactions, says users will pay no fee

In a post on X, the central bank said the move would help UPI continue to scale and innovate while serving consumers and businesses across the country

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Updated On : 16 Sep 2026 | 9:15 AM IST

RBI absorbs ₹3.93 trillion from banking system through VRRR auction

The central bank received bids worth ₹3,93,352 crore, for a notified amount of ₹5 trillion

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Updated On : 15 Sep 2026 | 10:18 PM IST

RBI files caveat after rejecting Tata Sons bid to avoid market listing

The move follows the RBI's rejection of Tata Sons' application to deregister as a non-banking financial company, a decision that pushes the holding company closer to a stock market listing

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Updated On : 15 Sep 2026 | 1:49 PM IST

Tata Sons listing eyed: Tata group stocks zoom up to 20%; check top gainers

Tata Chemicals, Tata Investment Corporation, Afcon Infrastructure, and Forbes & Company zoomed up to 20 per cent on the BSE in intra-day deals.

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Updated On : 15 Sep 2026 | 10:51 AM IST

OMO bond sales explained: Why RBI wants to pull ₹1 trn out of the system

Surplus liquidity has surged after RBI's special forex swap scheme, prompting the central bank to use bond sales to pull cash out of the banking system and realign overnight rates with its policy rate

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Updated On : 14 Sep 2026 | 1:20 PM IST

RBI proposes temporary debit holds on suspected money mule accounts

Banks can hold fraud-linked amounts immediately; customers get 20 days to explain transactions

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Updated On : 13 Sep 2026 | 11:33 PM IST

Ban on flexi-loans: Should RBI be flexible?

The defining feature of a flexi-loan is amortisation. Instead of a blanket ban, the regulator may consider certain structural safeguards against evergreening

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Updated On : 13 Sep 2026 | 9:54 PM IST

Regulatory clarity

RBI has cleared the decks for the listing of Tata Sons

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Updated On : 13 Sep 2026 | 9:44 PM IST

RBI ends suspense, asks Tata Sons to go in for immediate public listing

The central bank on Sep 11, 2026, rejected Tata Sons' application for exemption from the core investment company category, making a public listing mandatory amid leadership turbulence at the group

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Updated On : 13 Sep 2026 | 1:16 PM IST

HDFC Bank's board approves two names for MD&CEO, sends shortlist to RBI

The bank did not disclose the shortlisted candidates; also, the board inducted Jimmy Tata as executive diretor and said it would add one whole time director position as part of its succession planning

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Updated On : 12 Sep 2026 | 5:46 PM IST

RBI to drain ₹1 trillion through bond sales to tackle surplus cash

The move comes after surplus cash with banks rose to a record high of around 11 trillion rupees following massive inflows under the central bank's recent capital-raising windows.

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Updated On : 11 Sep 2026 | 7:10 PM IST

Fintechs should treat data as a fiduciary responsibility: RBI Governor

We are building digital public infrastructure for next-generation financial services, said RBI Governor Sanjay Malhotra

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Updated On : 10 Sep 2026 | 6:50 PM IST

High-speed trader AlphaGrep raises ₹200 crore via bonds after RBI curb

The Mumbai-based firm is raising ₹200 crore ($21 million) through bonds with a maturity of about one year and a 10.5% coupon, payable quarterly

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Updated On : 08 Sep 2026 | 12:07 PM IST

RBI withdraws over ₹6 trillion of bank liquidity after record spike

The Reserve Bank ​of India received offers worth ₹3.53 trillion at an overnight auction, right ‌after banks parked ₹2.59 trillion through a 30-day auction

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Updated On : 07 Sep 2026 | 1:24 PM IST