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Money & banking · India

Reserve Bank of India

Short name
RBI
Founded
1 April 1935
Headquarters
Mumbai
Official website
rbi.org.in ↗

India’s central bank, set up under the Reserve Bank of India Act, 1934, and nationalised in 1949.

It sets interest rates through its Monetary Policy Committee, issues currency notes, regulates banks and payment systems, and manages the country’s foreign exchange reserves.

RBI in our stories2 stories

Yesterday2 Nov 2026 · all stories that day →

EconomyIndia

How inflation is measured in India

The price indices behind the headline number, the RBI’s 4% target, and why your own costs can rise faster — or slower — than the official figure.

·Rational Times Explainers·2 min read

Saturday, 31 October 202631 Oct 2026 · all stories that day →

EconomyIndia

How to read a central bank decision

Repo rates, basis points, dissents and “calibrated tightening”: a plain guide to what the RBI, the Fed and the ECB announce — and how it reaches your loan, your savings and the rupee.

·Rational Times Business Desk·2 min read