Role And Function Of RBI In Indian Economy PDF: Complete Details of the roles and functions of the Reserve Bank of India in the Indian economy. Aspirants can learn about the RBI and its function and access further details regarding the Reserve Bank of India. As the custodian of the country’s economic and financial stability, it plays a crucial role in India’s economic development and smooth functioning of the entire banking sector. This article aims to study in detail the Reserve Bank of India (RBI), its origin, evolution, structure, functions, and more. The Reserve Bank of India (RBI) is India’s central bank. It controls the monetary policy concerning the national currency, the Indian rupee. The basic functions of RBI are the issuance of currency, sustaining monetary stability in India, operating the currency, and maintaining the country’s credit system. In this article, you can read all about the Reserve Bank of India, its origins, the role of RBI, its functions, mandate and all the latest updates related to the RBI, relevant for the ...