Reserve Bank of India (RBI), History, Function and Act

Reserve Bank of India The Reserve Bank of India (RBI) is India’s central bank and a key financial institution responsible for maintaining monetary stability and ensuring the soundness of the country’s financial system. Established in the mid-1930s, the RBI functions as the monetary authority, regulator, and supervisor of the banking sector. Read about : MCLR Marginal … Continue reading Reserve Bank of India (RBI), History, Function and Act