RBI Working and Functions – MASTER INDEX

Master Index + Cross-Chapter Memory Architecture + Rapid Revision + Chronology + Comparison Matrices + Article Index + Final QC

The PDF’s official contents establish the 25-chapter structure from central-banking evolution through international relations.

Ch.	Chapter	Core exam domain	Priority
1	Evolution of Central Banking Globally and in India	Origins, mandates, evolution	🔴
2	Legal Framework for Reserve Bank Functions	RBI Act, BR Act, FEMA, PSS Act etc.	🔴🔴
3	Monetary Policy Framework	MPC, inflation targeting, instruments	🔴🔴
4	Market Operations	Liquidity, LAF, OMO, FX swaps	🔴🔴
5	Financial Stability	Systemic risk, macroprudential policy	🔴🔴
6	Overview of Indian Financial System	Structure of financial system	🟠
7	Regulation of Commercial Banks	Prudential regulation	🔴🔴
8	Supervision of Commercial Banks	RBS, PCA, stress testing, SupTech	🔴🔴
9	Co-operative Banks	UCBs, RCBs, dual regulation	🔴🔴
10	NBFC Regulation & Supervision	SBR, PCA, prudential norms	🔴🔴
11	Enforcement in RBI	Enforcement architecture	🟠
12	Financial Markets	Money, G-Sec, FX, derivatives	🔴🔴
13	Payment & Settlement Systems	RTGS, NEFT, UPI, NPCI, PSS	🔴🔴
14	Currency Management	Issue, circulation, currency chests	🔴
15	Banker to Banks & Governments	Government banking, WMA, agency	🟠
16	Public Debt Management	Government borrowing/debt	🔴
17	Understanding RBI Balance Sheet	Assets, liabilities, income	🔴🔴
18	Foreign Exchange Management	FEMA, LRS, FDI/FPI, OI	🔴🔴
19	Forex Reserves	Adequacy, investment, valuation	🔴🔴
20	Consumer Education & Protection	Ombudsman, customer rights	🔴
21	Financial Inclusion & Development	FI, PSL, FIP, literacy	🔴🔴
22	Development of Institutions	NABARD, SIDBI, NPCI, RBIH etc.	🔴
23	Research, Surveys & Data Dissemination	DSIM, DBIE, BSR, surveys	🔴
24	FinTech & RBI	UPI, CBDC, ULI, SupTech	🔴🔴
25	International Relations	G20, IMF, BIS, FSB, BRICS, SAARC	🔴🔴

Priority interpretation

🔴🔴 = must know cold
🔴 = high probability/high conceptual value
🟠 = important but second-tier

PART II — THE RBI MASTER MAP

Do not remember 25 chapters as 25 isolated subjects.

Remember RBI as one system:

                         RBI
                          │
        ┌─────────────────┼─────────────────┐
        │                 │                 │
   MACRO STABILITY   FINANCIAL STABILITY   DEVELOPMENT
        │                 │                 │
 Monetary Policy      Regulation         Institutions
 Market Operations    Supervision        Financial Inclusion
 FX Management        Enforcement        Financial Literacy
        │                 │                 │
        └─────────────────┼─────────────────┘
                          │
                  FINANCIAL INFRASTRUCTURE
                          │
          ┌───────────────┼────────────────┐
          │               │                │
       Currency        Payments         Markets
          │               │                │
          └───────────────┼────────────────┘
                          │
                    DATA + RESEARCH
                          │
                     FINTECH / AI
                          │
                 INTERNATIONAL LINKAGES

This is the single most important mental model.

The source itself frames RBI’s multifaceted role around currency, financial markets, payment systems, financial stability, financial-sector regulation/supervision and monetary policy.

PART III — CROSS-CHAPTER MEMORY ARCHITECTURE

1. RBI’s five giant jobs

Remember:

M-M-F-D-I

Monetary stability
Market/infrastructure development
Financial stability
Development & inclusion
International/external-sector management

The source explicitly identifies monetary stability, inclusive growth/development and financial stability as RBI’s major mandates, alongside financial inclusion and development of markets/institutions.

2. Regulation → Supervision → Enforcement

This is a crucial cross-chapter chain.

Regulation

What rules should exist?

Chapters:

7 Commercial Banks
9 Co-operative Banks
10 NBFCs
12 Financial Markets
13 Payments
18 FEMA

↓

Supervision

Are regulated entities actually complying and managing risks?

Chapters:

8 Commercial Bank Supervision
9 Co-operative Bank Supervision
10 NBFC Supervision
12 Market oversight

↓

Enforcement

What happens when violations are identified?

Chapter:

11 Enforcement

Memory:

R-S-E = Rule → See → Enforce

3. Monetary policy transmission chain

MPC decision
      ↓
Policy rate / operating framework
      ↓
Money-market rates
      ↓
Bank funding costs
      ↓
Lending/deposit rates
      ↓
Credit + consumption + investment
      ↓
Aggregate demand
      ↓
Inflation + growth

Then add:

Expectations + exchange rate + asset prices + credit channel

This links:

Ch 3 → Ch 4 → Ch 7 → Ch 12 → Ch 18 → Ch 21

4. Financial-stability chain

Risk builds
   ↓
Supervisory detection
   ↓
Early Warning Indicators
   ↓
Stress Testing
   ↓
PCA / supervisory action
   ↓
Enforcement / resolution
   ↓
Systemic-risk containment

Cross-links:

Ch 5 → Ch 8 → Ch 9 → Ch 10 → Ch 11

5. Financial inclusion chain

Access
 ↓
Usage
 ↓
Quality
 ↓
Financial literacy
 ↓
Consumer protection
 ↓
Responsible credit
 ↓
Inclusive growth

Relevant chapters:

Ch 20 + Ch 21 + Ch 22 + Ch 24

6. Digital-finance chain

Digital identity / infrastructure
             ↓
            UPI
             ↓
       Account Aggregator
             ↓
        Digital lending
             ↓
            ULI
             ↓
             CBDC
             ↓
    Cross-border payments
             ↓
      Internationalisation

Supervisory counterpart:

SupTech

7. External-sector chain

Forex market
     ↓
FEMA
     ↓
Capital/current account
     ↓
FX intervention
     ↓
Forex reserves
     ↓
Reserve management
     ↓
External resilience
     ↓
International cooperation

Relevant:

Ch 12 → Ch 18 → Ch 19 → Ch 25

PART IV — THE MASTER CHRONOLOGY

A. Central banking

1668 — Riksbank
→ 1694 — Bank of England
→ 1914 — Federal Reserve
→ 1926 — Hilton-Young Commission
→ 1934 — RBI Act
→ 1 April 1935 — RBI operations
→ 1949 — RBI nationalised

The source confirms the early global chronology and RBI’s 1935 commencement, as well as nationalisation in 1949.

B. Indian monetary-policy evolution

1971–85
Monetisation of fiscal deficit
        ↓
1985
Chakravarty Committee
        ↓
Mid-1980s–1997/98
Monetary targeting
        ↓
April 1998
Multiple Indicator Approach
        ↓
2013
Urjit Patel Committee
        ↓
2015
Monetary Policy Framework Agreement
        ↓
2016
Statutory MPC / flexible inflation targeting

C. Banking regulation evolution

1949
BR Act
 ↓
1966
BR Act extended to co-operative societies
 ↓
1990s
Prudential reform
 ↓
1994
BFS
 ↓
1997
Basel Core Principles
 ↓
2002
PCA
 ↓
2013
RBS
 ↓
2017
Revised PCA
 ↓
2019
Unified supervision architecture
 ↓
2022
New PCA framework operational

D. Financial institutions

1962 DIC
1963 ARC
1964 UTI + IDBI
1971 CGC
1978 DICGC
1982 NABARD + EXIM
1987 IGIDR
1988 NHB + DFHI
1990 SIDBI
1994 STCI
1995 BRBNMPL
1996 IDRBT
2001 CCIL
2008 NPCI
2010 BNPMIPL
2011 CAFRAL
2016 ReBIT
2019 IFTAS → RBI
2022 RBIH

Mnemonic

D-A-U-I-C-N-E-H-D-S-B-C-N-B-C-R-I-R

Don’t waste time trying to recite that alphabet soup. Memorise the decade + purpose clusters.

E. Financial inclusion

1969 — Lead Bank Scheme
→ 1972 — PSL formalised
→ 1975 — RRBs
→ 1980 — Bank nationalisation
→ 1982 — NABARD
→ 1988 — Service Area Approach
→ 1990s — LAB + SHG linkage
→ 2006 — BC model
→ 2010–13 — FIP I
→ 2013–16 — FIP II
→ 2016–19 — FIP III
→ 2022–24 — FIP IV
→ 2024–26 — FIP V

F. FinTech

1996 — IDRBT
→ 2008 — NPCI
→ 2014 — Payments Banks
→ 2016 — UPI + Account Aggregator
→ 2017 — P2P
→ 2018 — TReDS
→ 2019 — Regulatory Sandbox
→ 2021 — HaRBInGer
→ 2022 — CBDC + Digital Lending framework + FinTech Department
→ 2023 — ULI/PTPFC pilot, Theme Neutral Sandbox
→ 2024 — SRO-FT

G. International architecture

1930 — BIS
→ 1944 — IMF/WB
→ 1947 — GATT
→ 1998 — SAARCFINANCE
→ 1999 — G20
→ 2009 — FSB
→ 2012 — SAARC Currency Swap Framework
→ 2014 — BRICS CRA
→ 2015 — CRA operational
→ 2016 — SAARCFINANCE Database
→ 2017 — SARTTAC
→ 2020 — SAARCFINANCE Sync
→ 2023 — UPI-PayNow
→ 2024 — expanded BRICS membership / FILS

PART V — MASTER COMPARISON MATRICES

1. RBI Acts and legal frameworks

Law	Main domain	Remember
RBI Act, 1934	Central bank powers	RBI
BR Act, 1949	Banking regulation	Banks
FEMA, 1999	Foreign exchange	FX
SARFAESI, 2002	Security enforcement/ARCs	Recovery
CIC Act, 2005	Credit information	Credit data
GS Act, 2006	Government securities	G-Secs
PSS Act, 2007	Payment systems	Payments
Factoring Regulation Act, 2011	Factoring	Receivables
MSME Act, 2006	MSME framework	MSMEs
NHB Act, 1987	Housing-finance institutional framework	Housing

2. Monetary policy instruments

Instrument	Primary role
Repo	Inject liquidity against collateral
SDF	Absorb liquidity without collateral
MSF	Overnight emergency liquidity
Reverse Repo	Absorb liquidity
CRR	Reserve requirement
SLR	Liquid-asset requirement
OMO	Durable liquidity / securities management
MSS	Sterilise durable liquidity
FX swaps	Liquidity/FX management
Bank Rate	Statutory/policy reference rate

Memory

Repo gives; reverse takes.
SDF takes without collateral.
MSF gives at the upper end.

3. Bank supervision tools

Tool	What it does
RBS	Risk-focused supervision
CAMELS	Earlier supervisory framework
SPARC	Risk/capital assessment programme
CRILC	Large-credit information
CFR	Fraud information
DAKSH	Supervisory workflow/data
PCA	Corrective supervisory framework
Stress testing	Shock resilience
SAKAR	KYC/AML risk assessment
ASAG	Advanced supervisory analytics

4. PCA comparison

	Banks	NBFCs
Main purpose	Corrective action	Corrective action
Entry based on	Prudential indicators	Prudential indicators
Capital	✔	✔
Asset quality	✔	✔
Profitability	✔	✔
Leverage	✔ in relevant framework	Important for specified categories
Key difference	Banking framework	NBFC-specific framework

5. NBFC classification

Category	Key identity
NBFC-ICC	Investment & credit
NBFC-IFC	Infrastructure
NBFC-MFI	Microfinance
NBFC-Factor	Factoring
CIC	Group investment
IDF-NBFC	Infrastructure debt
MGC	Mortgage guarantee
NOFHC	Financial holding
P2P	Peer-to-peer
AA	Account aggregation
HFC	Housing finance
SPD	Primary dealer

6. Financial-market instruments

Market	Instruments
Money	Call/notice/term, repo, CP, CD
G-Sec	T-Bills, dated G-Secs, SDLs
Corporate bond	Bonds/debentures
FX	Spot, forward, swap, option, futures
Interest-rate derivatives	FRA, IRS, futures, options
Credit derivatives	CDS

7. Survey matrix

Survey	What to associate
SPF	Professional forecasts
IOS	Manufacturing outlook
OBICUS	Orders + inventories + capacity
IESH	Household inflation expectations
CCS	Consumer confidence
Services & Infrastructure Outlook	Business outlook
BLS	Bank lending conditions
SRPHi	Retail payment habits
SISS	Start-up sector

Killer memory:

SPF predicts; IOS asks factories; OBICUS measures capacity; IESH asks inflation; CCS asks confidence; BLS asks banks.

8. Data systems

System	Remember
DBIE	Public economic database
DSIM	Statistics + information management
BSR-1	Credit
BSR-2	Deposits
CISBI	Banking infrastructure
FETERS	FX transactions
FLAIR	Foreign liabilities/assets
IBS	International banking
CRILC	Large credits
CIMS	Centralised information management
GDAL	Granular data access
DSL	Data science

9. Financial inclusion

Concept	Core idea
FI	Access + usage + quality
FIP	Time-bound inclusion plan
PSL	Directed credit to priority sectors
PSLC	Transferable PSL achievement
BC	Last-mile banking agent
FLC	Financial literacy
CFL	Block-level literacy centre
PIDF	Payment infrastructure
FIF	Financial inclusion support
ULI	Frictionless digital credit
Udyam Assist	Informal micro enterprises

10. FinTech matrix

Innovation	Problem solved
UPI	Instant interoperable payments
AA	Consent-based data sharing
P2P	Digital peer lending
TReDS	MSME receivable financing
Sandbox	Controlled innovation testing
Digital Lending framework	Responsible digital credit
CBDC	Digital sovereign money
ULI	Frictionless credit/data connectivity
SupTech	Technology-enabled supervision
Project Nexus	Cross-border FPS interoperability

11. CBDC vs UPI vs ULI

	CBDC	UPI	ULI
Core area	Money	Payments	Credit
RBI role	Issuer	Payment-system/regulatory ecosystem	Digital-credit infrastructure
User-facing?	Yes	Yes	Primarily B2B initially
Main benefit	Digital sovereign money	Instant payments	Frictionless lending
Key distinction	What money is	How money moves	How credit/data connect

This distinction is worth remembering permanently.

12. International institutions

Institution	Primary function
IMF	Monetary cooperation, surveillance, lending
BIS	Central-bank cooperation
FSB	Global financial stability/regulatory coordination
G20	Global economic cooperation
SAARCFINANCE	South Asian central-bank/finance cooperation
BRICS CRA	Mutual liquidity support
SARTTAC	Training + technical assistance
SEACEN	Central-bank research/training

PART VI — INTERNATIONAL RELATIONS: ONE-PAGE MEMORY

G20

1999

Two tracks:

Finance + Sherpa

Finance:

FMCBG

Sherpa:

broader policy

India Presidency:

2023

Theme:

One Earth, One Family, One Future

IMF

1944

Remember:

S-L-T

Surveillance
Lending
Technical assistance

Article IV:

country surveillance

FSAP:

financial-sector assessment

BIS

1930

Remember:

Central banks’ club/cooperation platform

RBI member:

1996

FSB

2009

Successor:

FSF

Remember:

G20 → FSB → global financial stability

SAARCFINANCE

1998

Remember:

South Asia + central banks + finance ministries

Swap:

USD 2 billion corpus

BRICS

BRIC 2006

→ South Africa 2010

→ additional members listed in source from 2024

CRA:

USD 100 billion

PART VII — RAPID REVISION SHEET

If you have only 30 minutes

Read these:

Monetary policy

Inflation target 4%
Tolerance band 2–6%
MPC 6 members
At least 4 meetings/year
Failure: inflation outside tolerance for 3 consecutive quarters
Repo/SDF/MSF relationship
Transmission channels

Supervision

Regulation ≠ supervision
RBS
PCA
CRILC
DAKSH
ASAG
Stress testing
CAMELS vs RBS

Co-operative banks

Dual regulation
UCB tiers
UCB capital requirements
UCB PCA
NABARD role for rural cooperative banks

NBFCs

PBC
SBR
Base/Middle/Upper/Top layers
Major NBFC categories
NBFC PCA
90-day NPA glide path
ICAAP

Markets

Call/notice/term
Repo
CP/CD
T-Bills
G-Secs
NDS-OM
CCIL
CDS
FX spot/forward/swap/options
NDF

Payments

RTGS
NEFT
UPI
NPCI
PSS Act
TReDS
CBDC
ICCW

Currency

Sole note issue
Issue Department
Currency chests
Clean Note Policy
Mutilated notes

Forex

FEMA 1999
Current vs capital account
AD categories
LRS
FDI/FPI
ECB
ODI/OPI
SRVA

Reserves

FCA
Gold
SDR
RTP
Safety > liquidity > return
Credit/market/liquidity/operational risks
CGRA/IRA

Consumer protection

Charter of Customer Rights
RB-IOS 2021
Internal Ombudsman
CMS
14448
CEPD

Financial inclusion

3 pillars:
FI + Literacy + Consumer Protection
PSL
PSLC
BC
FLC/CFL
FI Index
PIDF
ULI

Institutions

NABARD
SIDBI
NHB
EXIM
NaBFID
CCIL
NPCI
BRBNMPL
ReBIT
IFTAS
RBIH

FinTech

UPI
AA
P2P
TReDS
Sandbox
Digital Lending
CBDC
ULI
SupTech
Project Nexus

International

G20
IMF
BIS
FSB
SAARCFINANCE
BRICS
SARTTAC
SEACEN

PART VIII — NUMBERS YOU MUST KNOW

This is your numeric memory sheet.

Number	Meaning
1668	Riksbank
1694	Bank of England
1914	Federal Reserve
1926	Hilton-Young Commission
1934	RBI Act
1935	RBI operations
1949	RBI nationalisation
4%	Inflation target
2–6%	Inflation tolerance band
6	MPC members
4/year	Minimum MPC meetings
1962	DIC
1971	CGC
1978	DICGC
1982	NABARD + EXIM
1988	NHB + DFHI
1990	SIDBI
1996	IDRBT / RBI BIS membership
1998	SAARCFINANCE
1999	G20 / FEMA
2001	CCIL
2008	NPCI
2009	FSB
2012	SAARC swap
2014	Payments Banks / International Department
2016	UPI / AA / ReBIT
2017	P2P / SARTTAC
2018	TReDS
2019	Sandbox / UPI cross-border developments
2021	HaRBInGer / CBDC preparation / CRA etc.
2022	CBDC pilot / RBIH / FinTech Department
2023	ULI pilot / UPI-PayNow
2024	SRO-FT / FILS / expanded BRICS membership

PART IX — HIGH-VALUE ABBREVIATIONS

You do not need every abbreviation in the PDF equally. These are the ones to recognise instantly.

Monetary

MPC, MPR, LAF, SDF, MSF, CRR, SLR, OMO, MSS, WACR

Supervision

RBS, PCA, SPARC, CRILC, CFR, DAKSH, ASAG, SAKAR

Markets

CCIL, NDS-OM, TREPS, CP, CD, CDS, FRA, IRS, NDF, LEI

Payments

PSS, RTGS, NEFT, UPI, NPCI, NACH, BBPS, TReDS

Inclusion

PSL, PSLC, BC, FLC, CFL, FIP, FI-Index, PIDF, FIF

Forex

FEMA, LRS, FDI, FPI, ODI, OPI, ECB, SRVA, AD, FFMC

Data

DSIM, DBIE, BSR, BSR-1, BSR-2, FETERS, FLAIR, CISBI, CIMS

FinTech

AA, P2P, RS, CBDC-R, CBDC-W, ULI, SupTech, SRO-FT

International

G20, IMF, BIS, FSB, SAARC, SF, BRICS, CRA, SARTTAC, SEACEN

PART X — THE “WHO DOES WHAT?” MASTER TABLE

Entity	What you should immediately associate
RBI	Central bank
MPC	Policy-rate decision
BFS	Banking supervision
CEPD	Consumer protection
EFD	Enforcement
FSD	Financial stability
DSIM	Statistics
FMRD	Financial markets
FED	Foreign exchange
DEIO	External reserves/investment operations
NPCI	Retail payments
CCIL	Clearing/settlement
NABARD	Rural/agriculture
SIDBI	MSME
NHB	Housing
EXIM	Export finance
NaBFID	Infrastructure finance
BRBNMPL	Banknote printing
ReBIT	RBI IT/cyber
IFTAS	Financial-sector IT services
RBIH	Innovation
NCFE	Financial education
IMF	Surveillance/lending
BIS	Central-bank cooperation
FSB	Financial stability
G20	International economic cooperation

QC-5: Critical conceptual distinctions

These were checked and preserved:

Regulation vs supervision

Rules vs monitoring/enforcement of compliance

Supervision vs enforcement

Assessment/action vs penalty/adjudication

Monetary stability vs financial stability

Price/currency stability vs resilience of financial system

The source itself makes this distinction explicitly: monetary policy is the main tool for economic stability, while liquidity provision, regulation and supervision support financial stability.

FinTech vs SupTech

FinTech → financial innovation

SupTech → supervisory technology

CBDC vs UPI

CBDC → digital sovereign money

UPI → payment infrastructure

ULI vs AA

AA → data sharing with consent

ULI → connecting lenders with multiple data sources for frictionless credit

IMF vs BIS vs FSB

IMF → surveillance/lending

BIS → central-bank cooperation

FSB → global financial stability

PASS

QC-6: Numerical facts

High-risk numbers were retained with their source context rather than being silently updated.

Examples:

4% inflation target
2–6% tolerance band
MPC = 6
minimum 4 meetings
3-quarter inflation-failure condition
FI Index 64.2 as of March 2024
SAARC swap corpus
BRICS CRA USD100bn
specific UCB/NBFC thresholds
LRS USD250,000
forex-reserve components
survey sample sizes

Result: ✅ Source-derived numbers retained

QC-7: Institutional relationships

The following hierarchy is now explicit:

RBI
│
├── Monetary Policy
│   └── MPC
│
├── Banking Regulation
│   ├── Commercial Banks
│   ├── UCBs
│   └── NBFCs
│
├── Supervision
│   ├── RBS
│   ├── PCA
│   ├── Stress Tests
│   └── SupTech
│
├── Financial Markets
│   ├── Money
│   ├── G-Sec
│   ├── FX
│   └── Derivatives
│
├── Payments
│   ├── RTGS
│   ├── NEFT
│   ├── UPI
│   └── PSS framework
│
├── Currency
│
├── Government Banking / Debt
│
├── Forex / Reserves
│
├── Consumer Protection
│
├── Financial Inclusion
│
├── Developmental Institutions
│
├── Research / Data
│
├── FinTech
│
└── International Relations

Result: ✅

QC-8: FinTech coverage

The 2024 source itself highlights the digital transformation of the financial landscape, rapid UPI expansion, RBIH, ULI, CBDC and stronger cybersecurity/risk management.

The final notes cover:

UPI
AA
P2P
TReDS
Regulatory Sandbox
Digital Lending
CBDC
ULI
SupTech
SRO-FT
Project Nexus
UPI-PayNow
ICCW

Result: ✅

QC-9: International-relations coverage

Chapter 25 has been checked against the source structure:

G20
IMF
BIS
FSB
SAARC/SAARCFINANCE
BRICS
Regional capacity building
Bilateral engagements

The source explicitly identifies the International Department as RBI’s nodal point for G20, BRICS, IMF, BIS, FSB and SAARC, while also covering bilateral central-bank/public-authority engagement.

Result: ✅

PART XIII — WHAT YOU SHOULD ACTUALLY MEMORISE

Don’t attempt to memorise 305 pages line by line.

Your final mental hierarchy should be:

LEVEL 1 — RBI’s purpose

Monetary stability + financial stability + development + inclusion

↓

LEVEL 2 — RBI’s mechanisms

Policy + Regulation + Supervision + Enforcement

↓

LEVEL 3 — RBI’s infrastructure

Markets + Payments + Currency + Debt

↓

LEVEL 4 — RBI’s external role

Forex + Reserves + International cooperation

↓

LEVEL 5 — Modern RBI

Consumer protection + Financial inclusion + FinTech + Data + SupTech

↓

LEVEL 6 — Institutional memory

NABARD / SIDBI / NHB / EXIM / CCIL / NPCI / ReBIT / IFTAS / RBIH

↓

LEVEL 7 — International memory

G20 / IMF / BIS / FSB / SAARC / BRICS / SARTTAC / SEACEN

THE 50-LINE “LAST NIGHT BEFORE EXAM” VERSION

RBI Act → 1934
RBI operations → 1935
Nationalisation → 1949
RBI’s primary monetary mandate → monetary stability
Monetary-policy framework → flexible inflation targeting
Inflation target → 4%
Tolerance → 2–6%
MPC → 6 members
Repo → liquidity injection
SDF → liquidity absorption without collateral
MSF → overnight marginal liquidity
OMO → government securities
PCA → corrective supervision
RBS → risk-based supervision
CRILC → large-credit information
NBFC → separate regulatory framework
UCB → cooperative + banking duality
CCIL → clearing/settlement
NPCI → retail payments
UPI → instant interoperable payments
PSS Act → payment systems
Currency issue → RBI
FEMA → foreign exchange management
LRS → resident-individual remittances
Forex reserves → FCA + Gold + SDR + RTP
Reserve hierarchy → Safety > Liquidity > Return
RB-IOS → integrated ombudsman
Financial inclusion → access + usage + quality
PSL → priority sectors
PSLC → PSL achievement certificates
BC → last-mile banking
NABARD → rural/agriculture
SIDBI → MSME
NHB → housing
EXIM → exports
NaBFID → infrastructure
DBIE → RBI data platform
BSR-1 → credit
BSR-2 → deposits
UPI → payments
AA → consented data sharing
CBDC → digital sovereign money
ULI → frictionless credit
SupTech → supervisory technology
G20 → international economic cooperation
IMF → surveillance/lending/technical assistance
BIS → central-bank cooperation
FSB → financial stability
BRICS CRA → liquidity support
SAARCFINANCE → South Asian financial cooperation