RBI

Understanding the Role of the Reserve Bank of India (RBI)

The Reserve Bank of India (RBI) is the central bank of India and plays a crucial role in the country’s financial and economic system. Established in 1935, the RBI is responsible for regulating the issuance and supply of the Indian rupee and managing the country’s main payment systems. This blog explores the history, functions, and significance of the RBI in the Indian economy.