Reserve Bank of India (RBI)

The Reserve Bank of India is the central bank of India and the country’s primary banking regulator. It is responsible for overseeing the financial system, managing monetary policy, and maintaining the stability of India’s banking and payment infrastructure. The bank supports the development of financial technology and research through various initiatives and subsidiaries, including the Reserve Bank Innovation Hub and the Reserve Bank Information Technology Pvt. Ltd. (ReBIT).

In its capacity as the national regulator, the Reserve Bank of India sets guidelines for financial institutions, including those operating within the trade finance and payments sectors, such as the framework for Trade Receivables Discounting Systems (TReDS). Its operations encompass a wide scope of financial oversight and policy implementation across India and internationally.