Thursday, June 25, 2026 | 11:28 AM 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

10-year govt bond yield at three-month low as RBI eases rate worries

The benchmark 10-year bond yield fell 6 basis points to 6.80 per cent as RBI Governor Sanjay Malhotra's remarks eased rate-hike concerns

Image
Updated On : 25 Jun 2026 | 12:11 AM IST

RBI sets compliance blueprint for AI-driven finance under draft framework

The draft framework requires regulated entities to establish board-approved model risk management systems covering all models, including AI and machine learning applications

Image
Updated On : 24 Jun 2026 | 10:48 PM IST

Energy stress, weak monsoon to slow India's growth to 6.6% in FY27: S&P

The rating agency expects higher inflation, a possible RBI rate hike and slower economic growth amid energy market disruptions and below-normal monsoon conditions

Image
Updated On : 24 Jun 2026 | 10:35 PM IST

Currency questions: Higher costs of incentives for NRIs must be debated

RBI's push to attract FCNR deposits may ease external pressures, but improving conditions raise questions over the costs, risks and necessity of the incentives

Image
Updated On : 24 Jun 2026 | 10:06 PM IST

RBI withdraws concentration-risk exemptions for govt-owned NBFCs

The revised framework mandates annual identification of Upper Layer NBFCs and brings government-owned entities under the same exposure norms as their regulatory peers

Image
Updated On : 24 Jun 2026 | 9:44 PM IST

Premature to talk about rate hikes, says RBI Governor Sanjay Malhotra

Central bank chief says RBI is monitoring the inflation impact of higher crude oil prices, while highlighting India's stronger external position and resilient banking system

Image
Updated On : 24 Jun 2026 | 6:15 PM IST

Bandhan Bank raises FD rates by up to 20 bps on select deposit tenors

The lender has increased rates on fixed deposits in the two- to five-year buckets as banks intensify efforts to mobilise deposits amid widening credit-deposit gaps

Image
Updated On : 24 Jun 2026 | 5:43 PM IST

State lenders plan $2 bn overseas borrowing under RBI concessional route

Small Industries Development Bank of India is in talks with the International Finance Corp. to raise as much as $1 billion in five-year and seven-year tenors

Image
Updated On : 24 Jun 2026 | 3:54 PM IST

Building buffers: Forex inflows should be used to build up reserves

Falling crude prices and US-Iran talks have eased pressure on the rupee, but RBI may continue building forex buffers amid global and domestic uncertainties

Image
Updated On : 23 Jun 2026 | 10:38 PM IST

RBI aligns prudential norms for UPI-linked credit lines with base loans

Central bank says prudential treatment of payment-linked credit facilities will depend on the nature of the underlying loan, irrespective of delivery mode

Image
Updated On : 23 Jun 2026 | 7:59 PM IST

RBI eases MSME onboarding on TReDS, allows guarantee cover for financiers

Central bank consolidates TReDS regulations, eases MSME access and permits financiers to obtain credit guarantee cover on platform exposures

Image
Updated On : 23 Jun 2026 | 7:13 PM IST

RBI injects ₹1.41 trn liquidity in banking system via 7-day VRR auction

This was done after the liquidity in the banking system turned in to deficit of ₹19,971.89 crore as on June 22, from a surplus of ₹30,685.11 crore as on June 21

Image
Updated On : 23 Jun 2026 | 12:36 PM IST

RBI defended rupee with $8.94 billion net dollar sale in April: Bulletin

The central bank remained a net seller in the spot forex market as the rupee came under pressure from geopolitical tensions and persistent foreign outflows

Image
Updated On : 22 Jun 2026 | 11:23 PM IST

Bank credit outpaced non-bank funding to commercial sector: RBI data

Non-food bank credit rose 17.4 per cent year-on-year in May, outpacing growth in non-bank funding and lifting total credit to the commercial sector

Image
Updated On : 22 Jun 2026 | 11:00 PM IST

Banks must tap digital rails to deepen MSME credit access: RBI Governor

Sanjay Malhotra says financial institutions should leverage ULI, Account Aggregator and other digital platforms to build a more inclusive MSME credit ecosystem

Image
Updated On : 22 Jun 2026 | 10:57 PM IST

For sophisticated financial inclusion: Looking beyond distribution, access

The rising proportion of citizens interacting across the financial landscape also bears witness to growing financial inclusion

Image
Updated On : 22 Jun 2026 | 10:36 PM IST

Alternatives to intervention: The case for freer markets, fewer distortions

Stepping in may address immediate pressures, but fewer distortions and freer markets could deliver more durable outcomes

Image
Updated On : 22 Jun 2026 | 10:35 PM IST

Foreign currency inflows to support domestic liquidity: RBI's MPC member

The growth-inflation outlook remains clouded despite easing West Asia tensions, with risks from food prices and supply chains, says Bhattacharya

Image
Updated On : 22 Jun 2026 | 8:58 PM IST

Liquidity view fuels CRR hike possibility as RBI moves lift inflow outlook

Expectations of stronger forex inflows have sparked talk of an RBI CRR hike if surplus liquidity builds sharply by August

Image
Updated On : 21 Jun 2026 | 11:55 PM IST

Markets hope for weekly update of FCNR (B) inflows under swap scheme

Market participants expect the RBI to disclose FCNR(B) inflow data regularly after asking banks to submit daily figures under the special concessional scheme

Image
Updated On : 21 Jun 2026 | 11:31 PM IST