Trading glossary · markets

RBI

India's main bank for the whole country. It sets the basic cost of borrowing money and looks after India's currency rules.

The fuller meaning

The Reserve Bank of India, India's central bank. Its primary monetary policy objective is price stability, while keeping growth in mind, and it oversees currency matters: Indian residents may deal in forex only through RBI-authorised channels and for permitted purposes.

RBI, also called Reserve Bank of India.

RBI

The fuller meaning

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