Introduction The Reserve Bank of India (RBI), established in 1935, is the apex monetary authority of the country. As the central bank, it is entrusted with the responsibility of regulating the supply of money, supervising the financial system, and ensuring economic stability. Among its multiple roles, one of the most crucial is maintaining monetary stability,…
Introduction The Reserve Bank of India (RBI) is the apex financial institution of India and serves as the cornerstone of the country’s banking and financial system. Established on April 1, 1935, under the Reserve Bank of India Act, the RBI was nationalized in 1949 to align with India’s economic priorities. Over the decades, it has…
Introduction The Reserve Bank of India (RBI), the central bank of India, plays a pivotal role in the regulation and supervision of the country’s financial system. Established in 1935, the RBI’s core functions include managing the monetary policy, regulating banks and financial institutions, maintaining financial stability, and ensuring the integrity of the financial markets. The…