RBI

RBI

Reserve Bank of India

Established on April 1, 1935, under the Reserve Bank of India Act, The RBI is the central bank of India.

The preamble of the Reserve Bank of India describes the basic functions of the reserve bank as: "to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly complex economy, to maintain price stability while keeping in mind the objective of growth."

Website URLhttps://www.rbi.org.in

GOVERNER : Mr. Urjit Patel

DEPUTY GOVERNERS

-BP Kanungo
-S S Mundra
-N S Vishwanathan
-Viral Acharya.

Representations

Policy Updates

- Banks Permitted to invest in CAT I &  CAT II AIFs.