Reserve Bank of India

E31776

The Reserve Bank of India is the country’s central banking institution, responsible for issuing currency, regulating the financial system, and formulating and implementing monetary policy in India.

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Statements (62)

Predicate Object
instanceOf banking regulator
central bank
statutory body
country India
currencyCode Indian rupee
surface form: INR
currencyIssued Indian rupee
establishedOn 1935-04-01
establishedUnderAct Reserve Bank of India Act, 1934
firstGovernor Osborne Smith
firstIndianGovernor C. D. Deshmukh
governorTitle Governor of the Reserve Bank of India
headquartersCountry India
headquartersLocation Mumbai
headquartersState Maharashtra
implementsAct Foreign Exchange Management Act, 1999
introduced National Electronic Funds Transfer system
Real Time Gross Settlement system
Unified Payments Interface
jurisdiction Union of India
surface form: Republic of India
legalStatus wholly government-owned institution
manages Government of India’s public debt
India’s foreign exchange reserves
memberOf Bank for International Settlements
International Monetary Fund
monopolyOnNoteIssue Yes
nationalisedOn 1949-01-01
oversees Monetary Policy Committee of the Reserve Bank of India
surface form: Monetary Policy Committee of India
owner Government of India
parentDepartment Ministry of Finance
surface form: Ministry of Finance, Government of India
predecessor Imperial Bank of India
primaryFunction banker to state governments
banker to the Government of India
bankers’ bank
formulation of monetary policy
implementation of monetary policy
issuer of currency notes
lender of last resort
management of foreign exchange reserves
regulation of banks
regulation of payment and settlement systems
regulation of the financial system
publishes Financial Stability Report
RBI Annual Report
RBI Bulletin
Report on Trend and Progress of Banking in India
regionServed India
regulates Unified Payments Interface
foreign banks operating in India
non-banking financial companies in India
payment system operators in India
scheduled commercial banks in India
sector financial services
setsPolicyInstrument bank rate
cash reserve ratio
marginal standing facility rate
repo rate
reverse repo rate
statutory liquidity ratio
shortName Reserve Bank of India self-linksurface differs
surface form: RBI
supervises credit information companies in India
payment banks in India
small finance banks in India

Referenced by (18)

Full triples — surface form annotated when it differs from this entity's canonical label.

Reserve Bank of India Act, 1934 administeredBy Reserve Bank of India
Indian rupee centralBank Reserve Bank of India
this entity surface form: issue department of the Reserve Bank of India
Union Government controls Reserve Bank of India
subject surface form: Union Government of India
this entity surface form: Reserve Bank of India (through statute)
Mahatma Gandhi New Series designAuthority Reserve Bank of India
Reserve Bank of India Act, 1934 establishes Reserve Bank of India
this entity surface form: Reserve Bank of India Central Office, Mumbai
Indian rupee issuer Reserve Bank of India
Mahatma Gandhi New Series issuer Reserve Bank of India
Indian rupee monetaryAuthority Reserve Bank of India
Indian rupee regulator Reserve Bank of India
Punjab National Bank regulator Reserve Bank of India
Reserve Bank of India shortName Reserve Bank of India self-linksurface differs
this entity surface form: RBI
MPC usedBy Reserve Bank of India