Money word, in plain English ← Back to all terms
RBI
The Reserve Bank of India, the country's central bank.
Example. The RBI sets the rules for banks and tries to keep prices stable.
RBI stands for Reserve Bank of India. It is the central bank, which means it manages the country’s money supply, sets key interest rates, and regulates all the other banks. When you read that the RBI changed rates, it affects your loan EMIs and your savings interest.