The Short Version
Official and independent sources consistently establish that the Reserve Bank of India is India’s central bank. The similarly named Central Bank of India is a separate commercial bank and does not create a factual conflict.
The Reserve Bank of India serves as India’s central bank.
The Claim
The Reserve Bank of India is the central bank of India.
Caveats
- Do not confuse the central-bank role with the commercial bank named Central Bank of India.
- Wikipedia and educational-answer sites are unnecessary because authoritative official sources directly establish the fact.
The Receipts
- आरबीआई - RBI
- Reserve Bank of India
- banker to governments and banks
- The Reserve Bank of India: Functions & Role - Investopedia
- Preserving the independence of the RBI - Brookings Institution
- Reserve Bank of India - Wikipedia
- Reserve Bank of India (RBI) - Devex
- परिचय | Central Bank of India
- Central Bank of India: Function & Roles - Video - Study.com
- Central Bank of India
+ 2 more sources — see the full list on Lenz