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Reserve Bank of India (RBI)
The Reserve Bank of India, founded in 1935, is India’s central bank. It issues currency, sets interest rates through its Monetary Policy Committee, manages foreign exchange reserves, regulates banks and NBFCs, and runs the country’s payment systems.
Why It Matters
Almost every financial number on this site eventually leads back to a decision made at the RBI.
In India
Governor Sanjay Malhotra, who took charge in December 2024, oversaw a year of rate cuts in 2025 and the first hike in more than three years in October 2026.
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