Reserve Bank of India

The Reserve Bank of India (RBI), established in 1935 under the RBI Act, 1934 and nationalised in 1949, serves as India’s central bank entrusted with regulating the country’s currency and credit system. Its primary objectives include regulating the issue of banknotes, maintaining monetary stability, ensuring the flow of credit to productive sectors, and safeguarding financial stability. The RBI performs multiple functions—it acts as the monetary authority controlling inflation and the money supply; regulates and supervises both banks and NBFCs; is the sole issuer of currency notes (except the ₹1 note and coins, which are issued by the Ministry of Finance); manages foreign exchange reserves and exchange rates; and plays a developmental role by promoting financial inclusion and digital banking. To ensure transparency and keep stakeholders informed, the RBI publishes annual reports, monetary policy reports, financial stability reports, and research papers, while also maintaining key databases and portals—including the Database on Indian Economy (DBIE), financial benchmarks, press releases, and circulars. As the backbone of India’s financial system, the RBI continues to play a vital role in maintaining economic stability and supporting the country’s growth. All of this information is sourced directly from the RBI’s official website: rbi.org.in