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Reserve Bank of India

A referendum on India’s future

As Indians wait to elect their 18th Lok Sabha, at stake are not only 543 seats but also the ‘India’ and ‘Bharat’ of the Constitution

Shashi Tharoor,Baawa Sayan Bajaj

Fleeting relief: On slide in retail inflation

Pandora’s box: On the electoral bonds scheme, emerging details

Governor Das for greater participation of banks in rupee derivatives in India, abroad

Wayward elephant: On the RBI’s rate decision

About Topic

The Reserve Bank of India (RBI) is the central bank of India that formulates, implements and monitors the monetary policy. It was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The role of RBI is to regulate money supply and maintain the price stability in the country. The RBI also monitors the functioning of commercial banks and non-banking finance companies in India.

(Left) Rescue team prepare to enter a leaning building in the aftermath of an earthquake in Hualien, Taiwan, on April 3, 2024. (Centre) Indian pilgrims leave Katchatheevu in March 2023 after attending the St. Anthony’s Church festival. (Right) Rajasthan Royals’ Jos Butler plays a shot during the IPLT20 cricket match against Royal Challengers Bangalore in Jaipur on April 6, 2024.

Taiwan earthquake, Row over Katchatheevu island, MPC holds rate at 6.5%, and more | The week in 5 charts

The Hindu Bureau

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Image for representation

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Reserve Bank of India (RBI) Governor Shaktikanta Das announces the central bank’s monetary policy statement, in Mumbai, on April 5, 2024.

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File picture of RBI Governor Shaktikanta Das, who said that India accounts for 46% of all digital payments in the world

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