What Does RBI Actually Do? How India’s Central Bank Controls Money, Lending & Payments

Описание: The Reserve Bank of India (RBI) is the most powerful institution in India’s financial system.

Yet most people including those working in banking and fintech only think of RBI as a “bank regulator.”
In reality, RBI does much more.

It controls how money flows through the economy, how interest rates move, how banks and lenders behave, how payment systems stay stable, and how fintech companies are allowed to operate.

In this episode of BFSI India: A Zero-to-One Learning Series, we break down what RBI actually does, step by step, using clear mental models instead of policy jargon.

In this episode, you’ll learn
why every country needs a central bank
how RBI maintains financial stability and controls inflation
how monetary policy tools like repo rate, CRR, SLR, and bond operations work
why RBI acts as the licensing authority for banks, NBFCs, wallets, and payment players
how RBI supervises, audits, and intervenes in financial institutions
RBI’s role in payments infrastructure like UPI, NEFT, RTGS, and IMPS
how RBI sets lending and digital lending rules to protect borrowers
why consumer protection sits at the core of RBI’s mandate

You’ll also understand how institutions like the National Payments Corporation of India (NPCI) operate under RBI’s oversight, even though RBI does not run payment apps itself.

Who this episode is for
product managers in BFSI and fintech
founders and operators building lending or payments products
banking and NBFC professionals
anyone who wants a clear mental model of India’s financial system

If you want to understand why financial products in India behave the way they do, this episode gives you the foundation.

👉 In the next episode, we break down who RBI regulates and explain every type of bank in India, from public and private banks to payments banks and small finance banks.

Start from Episode 1 if you’re new, and watch sequentially for the full Zero-to-One journey.

⏱ Timestamps
00:00 Why RBI Matters
00:47 Why Central Banks Exist
01:20 Monetary Policy Explained
02:08 Licensing & Entry Control
02:41 Supervision & Audits
03:18 Payments & Infrastructure
03:55 Lending & Digital Lending Rules
04:28 Consumer Protection
04:47 Why RBI Is the Backbone of Indian Finance
05:18 What’s Coming Next

Stay Connected
LinkedIn:   / sukhjinder-singh-ghotra  
Mailing List: https://sjghotra.typeform.com/to/F6uS...