RBI (Reserve Bank of India)

byPaytm Editorial TeamLast Updated: November 14, 2025

Full Form & Definition

Full form: Reserve Bank of India.

RBI is India’s central bank responsible for managing the country’s money, interest rates, and banking system.

Functions

  • Issues currency notes.
  • Controls inflation and foreign exchange.
  • Regulates all banks in India.

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

InteroperabilityLast Updated: July 10, 2025

Definition Interoperability means that different systems or apps can work together smoothly. In the context of finance, it…

UPI Transaction Limits APILast Updated: October 21, 2025

Definition UPI Transaction Limits API allows apps to verify the maximum and minimum transaction limits set by banks…

COGS: Cost of goods soldLast Updated: October 14, 2024

What is Cost of Goods Sold? Cost of goods sold or COGS refers to the direct cost that…

UPI Merchant Settlement DelayLast Updated: November 14, 2025

Meaning UPI Merchant Settlement Delay occurs when funds from a customer’s payment take extra time to reach the…

DividendLast Updated: December 29, 2025

Meaning & Definition Dividend is a portion of a company’s profit paid to its shareholders as a reward…