What is RBI

The Reserve Bank of India (RBI) holds a significant position as the country's central banking institution, playing a pivotal role in shaping India's financial landscape. From regulating the monetary policy to overseeing the banking sector, the RBI's functions are crucial for maintaining economic stability and growth. This article provides an insightful overview of the RBI, delving into its mandate, functions, regulatory role, impact on the economy, and its evolution throughout history. Understanding the role and functions of the RBI is essential for comprehending the dynamics of India's financial sector and its broader economic landscape.

Introduction to RBI

Overview of the Reserve Bank of India

The Reserve Bank of India (RBI) is the central banking institution of India, responsible for regulating the country's monetary and financial systems. It serves as the banker to the government, issues currency, and maintains economic stability.

Mandate and Objectives of RBI