RBI (Reserve Bank of India)

The Reserve Bank of India (RBI) is India's central bank, responsible for overseeing the country's monetary stability and financial system. It manages currency, controls inflation, regulates banks, and formulates monetary policy to promote economic growth. The RBI also ensures that banks operate safely and efficiently, maintaining public confidence in the financial system. Essentially, it acts as the guardian of India’s economy, making sure money remains stable and available for people and businesses to use.