Banking & monetary system
Institutions and mechanisms that connect savings, payments and credit.
Budget figures are FY 2026–27 estimates, not actual expenditure. Other indicators link to their current official series. Different base years, reference periods and revisions must be considered before comparing data.
Explore this topic in the interactive atlas →Reserve Bank of India
India’s central bank handles monetary policy, currency and specified financial-system functions.
RBI · functions and public information ↗Monetary Policy Committee
A six-member committee determines the policy rate under the statutory framework.
RBI · monetary policy framework ↗- Policy rates change; consult the latest resolution for the applicable rate.
Banking institutions
Commercial, co-operative and differentiated banks have distinct regulatory structures.
RBI · functions and public information ↗- RBI publishes official lists and regulatory information.
Deposit insurance
DICGC provides deposit insurance for eligible deposits in insured banks, under statutory conditions.
DICGC · depositor information ↗Payment systems
UPI, IMPS, NEFT and RTGS support different forms of electronic payment.
NPCI · retail payment systems ↗- NEFT and RTGS are RBI systems; NPCI operates retail systems including UPI and IMPS.
Rural and development finance
NABARD and SIDBI support agriculture, rural development and smaller enterprises within their mandates.
NABARD ↗Sources and scope ▼
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