Reserve Bank of India

Also known as RBI

central bank of India

Key facts

Central bank of: India
Headquarters: Mumbai , Maharashtra , India
Established: 1 April 1935 (91 years ago) ( 1 April 1935 )
Governing body: Central Board of Directors.
Governor: Sanjay Malhotra , IAS
Key people: Swaminathan Janakiraman , ( Deputy Governor ) Poonam Gupta , ( Deputy Governor ) Shirish Chandra Murmu , ( Deputy Governor ) Rohit Jain, ( Deputy Governor )
Currency: Indian rupee ( ₹ ), INR ( ISO 4217 )
Reserves: $692;billion , (as of 14 November 2025 )
Bank rate: 5.25% (as of 6 June 2025 )
Interest on reserves: 3.35% (market determined)
Website: website .rbi .org .in
Jurisdiction

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Article

The Reserve Bank of India, (abbr. RBI), is the central bank of India, regulatory body for the Indian banking system and Indian currency. Owned by the Ministry of Finance, Government of the Republic of India, it is responsible for the control, issue, and supply of the Indian rupee. It also manages the country's main payment systems.

The RBI, along with the Indian Banks' Association, established the National Payments Corporation of India to promote and regulate the payment and settlement systems in India. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Mysore (Karnataka; Southern India) and Salboni (West Bengal; Eastern India). Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialized division for the purpose of providing insurance of deposits and guaranteeing of credit facilities to all Indian banks.