Reserve Bank of India

The Reserve Bank of India (RBI) is India's central bank. It sets monetary policy, issues the rupee, and regulates payment systems.

The RBI oversees UPI and other rails such as RTGS and NEFT. Official site: Reserve Bank of India.

Related Terms

A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...

Indian Rupee

INR is the official currency of India. It's managed by the Reserve Bank of India and is one of the m...

Real-Time Gross Settlement

RTGS is a funds transfer system where money moves from one bank to another on a real-time and gross ...

Unified Payments Interface

UPI is India's real-time payments system that enables instant transfers between bank accounts using ...

Need to convert bank statements to spreadsheet format? Try our bank pdf to excel converter to easily export your transaction data to Excel or CSV.

Convert 10 pages free per week.
Try your weirdest statement.