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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

Bharti Airtel's NBFC arm Airtel Money begins commercial operations

Airtel Money, which received its RBI registration in February, has started operations as a non-deposit accepting NBFC, with Bharti Airtel planning phased capital infusion

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Updated On : 01 Jul 2026 | 8:05 PM IST

AI-driven cyberattacks emerge as top risk for banks and NBFCs, says RBI

RBI says AI-enabled cyber threats have emerged as the biggest risk facing banks and NBFCs, while also warning that the global AI investment boom could create broader financial stability concerns

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Updated On : 01 Jul 2026 | 2:47 PM IST

RBI flags nascent stress in micro enterprises; retail loans need monitoring

Financial Stability Report says banks face funding pressure as deposits shift to costlier sources, while larger housing loans gain share and household debt continues to rise

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Updated On : 30 Jun 2026 | 11:51 PM IST

Bank NPAs fell in March; may rise under baseline case: RBI report

RBI's Financial Stability Report shows bank NPAs fell to record lows in March, though stress tests indicate a modest rise under the baseline scenario by March 2028

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Updated On : 30 Jun 2026 | 11:32 PM IST

Banks set to book healthy treasury gains in Q1 FY27 as yields slump

Rupee sees strongest monthly rise since West Asia war started

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Updated On : 30 Jun 2026 | 10:57 PM IST

Esma recognises Clearing Corp of India, ending 3-yr regulatory standoff

European regulator restores CCIL's access to EU market participants after RBI and ESMA signed a supervisory cooperation agreement earlier this year

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Updated On : 30 Jun 2026 | 10:54 PM IST

Remain alert to external, domestic risks: RBI governor Sanjay Malhotra

Preserving financial stability more important than ever, says RBI governor Sanjay Malhotra

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Updated On : 30 Jun 2026 | 4:44 PM IST

RBI's new funding rules deal 'body blow' to Indian prop trading firms

From July 1, bank guarantees used in capital markets must be fully backed by collateral, a move expected to reduce leverage and raise funding costs

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Updated On : 30 Jun 2026 | 10:32 AM IST

Indian banks may face an AI compliance bill: Who will bear the cost?

RBI's proposed AI risk framework could raise compliance costs across banks, NBFCs and fintechs, creating new demands for audits, oversight and governance

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Updated On : 29 Jun 2026 | 5:28 PM IST

July 2026 bank holidays: Full state-wise list of bank closures across India

Bank customers should be aware of the bank holidays in July 2026. To prevent inconvenience, crucial banking tasks should be scheduled around these particular periods

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Updated On : 29 Jun 2026 | 2:22 PM IST

IIFCL plans $1 billion loan, in talks for $400 million ADB funding

IIFCL is the latest company to tap into the foreign lending market after the Reserve Bank of India introduced a series of measures to boost dollar inflows and support the rupee

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Updated On : 29 Jun 2026 | 12:38 PM IST

India's forex reserves increase by $963 mn on back of rise in gold reserves

India's forex reserves rose by $963 million to $672.59 billion in the week ended June 19, driven by a sharp increase in gold reserves despite a decline in foreign currency assets

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Updated On : 26 Jun 2026 | 11:31 PM IST

RBI proposes wider access to money markets in draft rules for NBFCs, firms

Under the draft proposals, companies will also be allowed to participate in the term money market as lenders but smaller non-bank finance firms will be excluded

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Updated On : 26 Jun 2026 | 11:15 AM IST

Tata Sons' listing hangs in balance after RBI diktat for upper-layer NBFCs

In its latest direction, the central bank has dropped a provision defining the "indirect receipt of public funds"

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Updated On : 25 Jun 2026 | 11:56 PM IST

Banks wait & watch as dollar-bond investors seek richer returns

Premium rose steadily after HDFC secured tightest-ever spread for an Indian lender

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Updated On : 25 Jun 2026 | 10:59 PM IST

RBI consolidates rules for outright, when-issued & short-sale G-sec trades

Draft master directions bring together rules for government securities trading, widening market access while consolidating norms on reporting, settlement and short selling

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Updated On : 25 Jun 2026 | 9:16 PM IST

Three Indian DFIs said to plan $1.5 billion foreign debt under RBI scheme

RBI's subsidised hedging facility for external commercial borrowings lowers currency risk costs, aiming to boost dollar inflows and strengthen support for the rupee

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Updated On : 25 Jun 2026 | 6:17 PM IST

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

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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

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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

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