Structure
- RBI is the central bank (est. 1935, HQ Mumbai)
- Commercial banks: public sector, private sector, foreign, small finance, payments banks
- Regulators: RBI (banks), SEBI (securities), IRDAI (insurance), PFRDA (pensions)
Key rates
- Repo rate: RBI lends to banks
- Reverse repo: RBI borrows from banks
The rest of this note is part of a paid plan.Unlock notes