Monday, March 09, 2026 | 11:37 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch
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.
 
The head
...
Read More

Latest Updates on Reserve Bank of India

West Asia conflict threatens Indian economy's 'Goldilocks' phase

RBI's MPC may face a tough growth-inflation trapeze

Image
Updated On : 09 Mar 2026 | 11:36 PM IST

RBI likely selling dollars as rupee weakens amid Iran war, say traders

An over 20 per cent ​jump in ‌oil prices triggered a broad-based ‌selloff in Asian stocks and currencies on ‌Monday as ​investors fretted over ​the deepening conflict in the Middle East

Image
Updated On : 09 Mar 2026 | 9:43 AM IST

Fino Payments Bank gets RBI nod to name Ketan Merchant its interim CEO

Rishi Gupta's return to office subject to NRC, board reassessment and RBI view

Image
Updated On : 08 Mar 2026 | 11:14 PM IST

RBI adopts calibrated approach to liquidity management amid tax outflows

The RBI has announced Rs 1 trillion in OMO purchases to cushion tightening from advance tax outflows, even as broader pressures on durable liquidity persist due to forex interventions

Image
Updated On : 08 Mar 2026 | 10:17 PM IST

RBI removes NOFHC requirement for AU SFB's transition to Universal Bank

Instead, the regulator now said the NOFHC structure will be required only if the bank or its promoter proposes to establish any group entity in the future

Image
Updated On : 07 Mar 2026 | 9:21 PM IST

RBI draft proposes up to ₹25,000 compensation for small digital frauds

RBI's draft rules propose compensation of up to ₹25,000 for digital fraud losses of up to ₹50,000, even in cases of customer negligence, if reported within five days

Image
Updated On : 06 Mar 2026 | 11:28 PM IST

India's forex reserves hit record $728.5 bn on gold, currency gains

India's foreign exchange reserves rose to a record $728.49 billion in the week ended February 27, driven by higher gold reserves and foreign currency assets, according to RBI data

Image
Updated On : 06 Mar 2026 | 11:02 PM IST

RBI deploys nearly $12 billion to defend rupee amid West Asia war: Bankers

The scale of the intervention underscores the challenge the Reserve Bank of India faces in containing volatility triggered by the Middle East conflict that has entered its seventh day

Image
Updated On : 06 Mar 2026 | 2:55 PM IST

RBI's forward-book dollar deficit surges to $68.4 billion in January

RBI's net short dollar position in the forward market climbed to $68.42 billion in January, with a rise in long-tenure contracts offsetting a decline in shorter-term positions

Image
Updated On : 04 Mar 2026 | 11:46 PM IST

Productive capital, inclusion key to next growth phase: RBI Dy Guv

RBI Deputy Governor Swaminathan J says India's path to Viksit Bharat@2047 depends on productive capital allocation, meaningful financial inclusion and strong customer protection

Image
Updated On : 03 Mar 2026 | 4:45 PM IST

Fino PB sees no uncertainty over SFB nod from RBI after CEO's arrest

Bank's transition into SFB on track; no financial impact so far from the events that have unfolded

Image
Updated On : 02 Mar 2026 | 8:12 PM IST

India's CAD widens to ₹13.2 billion in Q3 on higher trade deficit: RBI

The current account deficit stood at $11.3 billion, or 1.1 per cent of GDP, in the corresponding quarter of 2024-25

Image
Updated On : 02 Mar 2026 | 6:30 PM IST

India takes small, steady steps towards rupee's internationalisation

The beginning of what could be a multi-decade journey has been made. It will be a slow, consistent process, not a hasty one that may cause disruptions

Image
Updated On : 01 Mar 2026 | 9:37 PM IST

Gold loan share in bank retail credit doubles to 6% in a year: RBI data

Additionally, the share of gold loans in overall retail loans of banks has now doubled to 6 per cent (January 2026), from 3 per cent as of January 2025

Image
Updated On : 28 Feb 2026 | 12:02 AM IST

Lower US tariffs may improve capital flows, says Saugata Bhattacharya

RBI MPC member Saugata Bhattacharya flags rising inflation risks but sees no overheating, says lower final US tariffs could lift exports and foreign capital inflows into India

Image
Updated On : 27 Feb 2026 | 12:02 AM IST

RBI gives compliance breather for small-merchant UPI transactions

The clarification follows industry representations seeking clarity on whether PA norms apply to P2PM transactions, which typically involve small merchants and low ticket sizes

Image
Updated On : 27 Feb 2026 | 12:05 AM IST

RBI workshop urges stronger governance and tech use to fight cyber frauds

At a two-day workshop with 60 banks, RBI called for stronger governance, better internal controls and greater tech adoption to counter rising cyber-enabled financial frauds

Image
Updated On : 26 Feb 2026 | 11:02 PM IST

SBI MF gets RBI's nod to acquire up to 9.99% stake in Bandhan Bank

The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing on Thursday.

Image
Updated On : 26 Feb 2026 | 7:07 PM IST

Bank holidays in March 2026: Full list of March 2026 closures across states

As per the RBI holiday calendar, banks in India will observe a number of public and regional holidays in March 2026. These holidays differ from state to state and are not consistent nationwide

Image
Updated On : 26 Feb 2026 | 3:38 PM IST

RBI's additional liquidity support to wind down after March: Bankers

India's banking system liquidity surplus has averaged around 1.1 per cent of deposits this month, inching past the 1 per cent threshold that the Reserve Bank of India indicated in December

Image
Updated On : 26 Feb 2026 | 1:26 PM IST