Right To Information - ആർബിഐ - Reserve Bank of India
Right to Information Act, 2005
The Government of India has enacted the Right to Information Act, 2005 (http://www.persmin.nic.in) which has come into effect from October 12, 2005. The Right to Information under this Act is meant to give to the citizens of India access to information under control of public authorities to promote transparency and accountability in these organisations. The Act, under Sections 8 and 9, provides for certain categories of information to be exempt from disclosure. The Act also provides for appointment of a Chief Public Information Officer to deal with requests for information.
RBI’s Obligation under the Act
The Reserve Bank of India is a public authority as defined in the Right to Information Act, 2005. As such, the Reserve Bank of India is obliged to provide information to members of public.
Designation of Transparency Officer under the Right to Information Act, 2005 in the Reserve Bank of India.
In pursuance of the Central Information Commission’s directive dated November 15, 2010 issued to all Public Authorities under the powers vested in the Central Information Commission under Section 19 (8) (a) of The Right to Information Act, 2005 the details of the Transparency Officer are as under:
Ms. Namrata Shukla
Central Public Information Officer/General Manager
Human Resources Management Department
Reserve Bank of India, Central Office
Central Office Building (21st Floor)
Shahid Bhagat Singh Marg, Fort
Mumbai-400001
Library Access
The working hours of RBI library at the central office are 9.45 am to 5.45 pm. Though it mainly caters to the RBI staff, it is also open to academics, students and researchers.
The Reserve Bank of India has an established communication policy. Under this, the Reserve Bank of India regularly releases information and data on Indian economy, banking and finance. It releases the information and data at regular periodicity – daily, weekly, monthly, quarterly, six monthly and annually. In addition, it also releases information, as and when required, through occasional publications, such as, studies and reports.
The Reserve Bank also places in public domain its instructions relating to banking, finance, foreign exchange and other related subjects. Further, the Reserve Bank also disseminates information, especially of general interest, through daily press releases.
The information and data routinely released by the Reserve Bank are available on its website (www.rbi.org.in)
The details of information that is already available from the Reserve Bank of India are:
Monetary Policy Statements and Monetary Policy Reports
i) The Monetary Policy Committee (MPC) constituted by the Central Government under Section 45ZB of the Reserve Bank of India Act, 1934 determines the Policy Rate required to achieve the inflation target. The MPC meets every two months. The resolutions adopted by the MPC in its meetings are published after conclusion of the meetings as per Section 45ZK of the RBI Act, 1934. The minutes of the meetings are released on the fourteenth day after the resolutions are published as per Section 45ZL of the RBI Act, 1934.
ii) A Statement of Developmental and Regulatory Policies is also published on the same day, the resolution of the MPC is released.
iii) Once in every six-months, a document titled Monetary Policy Report (MPR) is published by the Reserve Bank under Section 45ZM of the RBI Act, 1934.
The above periodical documents are available on the RBI website at https://www.rbi.org.in/scripts/Annualpolicy.aspx
Annual Publications
The annual report of the Reserve Bank is the most important document released every year in late August. It is the statement of the Board of Directors on the state of the economy, the working of the Reserve Bank and on the balance sheet of the Reserve Bank. It also presents an assessment and prospects of the Indian economy.
The annual report is a statutory document relating to the financial year of the Reserve Bank (July to June) and is released in August.
Annual Report of Ombudsman Schemes
An Annual Report on the functioning of the Ombudsman Schemes is published every year by the Reserve Bank elucidating the status of complaints received against the RBI regulated entities (REs) at the Offices of the RBI Ombudsman (ORBIOs) and various other developments in the field of consumer education and protection during the year.
Report on Trend and Progress of Banking in India
This is also a statutory publication produced by the central bank. Presented annually, this document is a review of the policies for and performance of the financial sector for the preceding year. The publication, covering period from April to March, is generally released around November/December.
Report on Currency and Finance
This annual document is presented by the staff of the central bank. Since 1998-99 the Report dwells on a particular theme and presents a detailed economic analysis of the issues related to the theme. While the focus of the Report is on the policy approach, issues and challenges relevant to India, the various Chapters present these developments against the recent theoretical developments and the accumulated cross-country empirical evidence. Since the publication is released around December, it also serves the purpose of presenting a mid-year review of the economy.
Handbook of Statistics on the Indian Economy
This publication is a major initiative by the Reserve Bank aimed at improving data dissemination by providing a useful storehouse of statistical information at one place. The publication provides time-series data (annual/quarterly/monthly/fortnightly/daily) pertaining to a broad spectrum of economic variables, including data on national income, output, prices, money, banking, financial markets, public finance, trade and balance of payments. The publication is also available in a hard copy as well as a CD-ROM format.
Also available on the RBI website is a database on Indian Economy which gives time series data on a wide range of subjects relating to India’s economy, banking and finance. This site also allows the visitor to cull out the data and use it for research.
A Study of State Budgets, this publication provides a comprehensive analytical assessment of the finances of the State Governments. Consolidated data of all State Governments are analysed in addition to State-wise analysis to draw policy implications.
Statistical Tables relating to Banks in India
This annual publication contains comprehensive data relating to the commercial banking sector. It covers balance sheet information as well as performance indicators of each commercial bank in India including those registered abroad. The data are presented bank group-wise and state-wise.
Compile annual information on type of account, organisation, occupation /activity and category of the borrower, district, and population group of the place of utilisation of credit, rate of interest, credit limit and outstanding credit amount, based on the credit data received from all SCBs including RRBs.
Collect, compile, analyse and disseminate data on type of deposits, maturity pattern of term deposits, ownership pattern of deposits as well as number of employees based on branch-wise deposits data received from all SCBs including RRBs on annual basis.
In order to reduce reporting burden of banks, the quarterly publication ( viz. Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks) based on BSR-7 return has been discontinued since March 2023 round. However, such information has been supplemented from annual BSR-1 and BSR-2 returns and presented in the tabular form under captioned title i.e. “Spatial Distribution Of Deposits And Credit (Annual)”
These tables provide data on deposits and credit of scheduled commercial banks (including Regional Rural Banks (RRBs)) for end-March and presented in accordance with centre, state, population group, and bank group.
Quarterly Publications
Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks
This data-oriented publication gives data on deposits and credit of scheduled commercial banks for each quarter. The data compiled from bank returns are presented center-wise, state-wise, population group-wise and bank group-wise.
The publication is available for the quarters ending March, June, September and December in the month after the end of the quarter.
Compile quarterly information on type of account, organisation, occupation /activity and category of the borrower, district, and population group of the place of utilisation of credit, rate of interest, credit limit and outstanding credit amount, based on the credit data received from all SCBs excluding RRBs.
Collect, compile, analyse and disseminate data on type of deposits, maturity pattern of term deposits, ownership pattern of deposits as well as number of employees based on branch-wise deposits data received from all SCBs excluding RRBs on quarterly basis.
In order to reduce reporting burden of banks, the quarterly publication ( viz. Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks) based on BSR-7 return has been discontinued since March 2023 round. However, such information has been supplemented from quarterly BSR-1 and BSR-2 returns and presented in the tabular form under captioned title i.e. “Spatial Distribution Of Deposits And Credit (Quarterly)”
These tables provide data on deposits and credit of scheduled commercial banks (excluding Regional Rural Banks (RRBs)) for each quarter ending in March, June, September, and December and presented in accordance with centre, state, population group, and bank group.
Monthly Publications
This is a monthly publication released in the first week of every month. The Bulletin publishes analytical articles based on data collected by the Reserve Bank often specifically for the purpose. It carries speeches of the Governor, Deputy Governors and Executive Directors. The speeches are useful in improving the understanding of the central bank's policies. Other useful inclusions in the Bulletin are important press releases and circulars issued by different departments of the Reserve Bank and data relating to economy, finance and banking. Often, significant reports released by the Reserve Bank including the Annual Report and the Report on Trend and Progress of Banking in India are issued as supplements to this monthly publication.
Monetary and Credit Information Review
This is a monthly four-page periodical aimed at operational level bankers. The periodical summarises important circulars issued by the central bank during the month. It is published between 1st and 5th of every month.
Weekly Publications
Weekly Statistical Supplement to the RBI Bulletin
This publication presents the weekly balance sheet of the Reserve Bank and other developments relating to financial, commodity and bullion markets. This is published on every Friday at 5 pm.
Daily
The Reserve Bank releases through its daily press releases data on money market operations and reference rates for four major currencies, namely, the US Dollar, Euro, Pound Sterling and the Japanese Yen. The press releases are also issued on other issues that may be of general public interest such as important banking regulations, new currency notes, rejection or cancellation of certificate of registration of non-banking finance companies, status of urban cooperative banks, etc.
Occasional Publications
This is published once in four months and carries research papers presented by the professional staff of the Reserve Bank. The publication reflects the views of the authors. The Occasional Papers are being published thrice a year from 1999 onwards.
These are research studies conducted by external experts in India in collaboration with the internal staff members of the Reserve Bank. The Development Research Group is a forum that institutionalises participation of external expertise in in-house research.
Besides these, the Reserve Bank also publishes reports of committees set up by it for feedback and for wider dissemination of information.
The Reserve Bank brings out occasional booklets to familiarise the general public about the facilities available to them mainly in the area of foreign exchange.
The Reserve Bank of India has instituted three annual lectures. Two of these commemorate past Governors of the Reserve Bank and one a noted monetary economist.
RBI Website
The Reserve Bank maintains an active website (URL: https://www.rbi.org.in). All the information released by the Reserve Bank is also simultaneously made available on the website in pdf and Word formats. The data are provided in excel format. The site is updated several times a day.
In keeping with its objective of bringing in greater transparency in its decision making process, the Reserve Bank is committed to releasing more and more information in public domain.
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Minutes of the 610th Central Board meeting held on September 04, 2024 at Mumbai
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Minutes of the 609th Central Board meeting held on August 10, 2024 at New Delhi
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Minutes of the 608th Central Board meeting held on May 22, 2024 at Mumbai
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Minutes of the 607th Central Board meeting held on March 22, 2024 at Nagpur
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Minutes of the 606th Central Board meeting held on February 12, 2024 at New Delhi
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Minutes of the 605th Central Board meeting held on December 18, 2023 at Kevadia
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Minutes of the 604th Central Board meeting held on October 27, 2023 at Rishikesh
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Minutes of the 603rd Central Board meeting held on September 01, 2023 at Indore
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Minutes of the 602nd Central Board meeting held on May 19, 2023 at Mumbai
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Minutes of the 601st Central Board meeting held on March 24, 2023 at Hyderabad
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Minutes of the 600th Central Board meeting held on February 11, 2023 at New Delhi
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Minutes of the 599th Central Board meeting held on December 16, 2022 at Kolkata
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Minutes of the 598th Central Board meeting held on October 31, 2022 at Mumbai
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Minutes of the 597th Central Board meeting held on August 26, 2022 at Jaipur
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Minutes of the 596th Central Board meeting held on May 20, 2022 at Mumbai
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Minutes of the 595th Central Board meeting held on May 02, 2022 at Mumbai through Video Conference
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Minutes of the 594th Central Board meeting held on March 25, 2022 at Bengaluru
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Minutes of the 593rd Central Board meeting held on February 14, 2022 at New Delhi
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Minutes of the 592nd Central Board meeting held on December 17, 2021 at Lucknow
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Minutes of the 591st Central Board meeting held on October 29, 2021 at Mumbai
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Minutes of the 590th Central Board meeting held on August 13, 2021 at Mumbai through Video Conference
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Minutes of the 589th Central Board meeting held on May 21, 2021 at Mumbai through Video Conference
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Minutes of the 588th Central Board meeting held on March 19, 2021 at Mumbai through Video Conference
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Minutes of the 587th Central Board meeting held on February 16, 2021 at Mumbai through Video Conference
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Minutes of the 586th Central Board meeting held on December 18, 2020 at Mumbai through Video Conference
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Minutes of the 585th Central Board meeting held on October 23, 2020 at Mumbai through Video Conference
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Minutes of the 584th Central Board meeting held on August 14, 2020 at Mumbai through Video Conference
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Minutes of the 583rd Central Board meeting held on June 26, 2020 at Mumbai through Video Conference
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Minutes of the 582nd Central Board meeting held on February 15, 2020 at New Delhi
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Minutes of the 581st Central Board meeting held on January 29, 2020 at Mumbai
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Minutes of the 580th Central Board meeting held on December 13, 2019 at Bhubaneswar
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Minutes of the 579th Central Board meeting held on October 11, 2019 at Chandigarh
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Information under the Right to Information Act will be provided to the eligible applicants as per the provisions of the Act and in accordance with the orders of the Supreme Court
The Reserve Bank of India also places all the information it releases in response to the requests received under the Right to information Act, 2005 on its website, if, in its view, the information could be of general public interest. Such information is furnished in this disclosure log.
Your suggestions
If you feel that the Reserve Bank of India should release any information in addition to what it already releases, please send us your suggestions by email . If, however, you need any specific information on an ad hoc basis, you may make an application under the Right to information Act, 2005. It needs to be emphasised that this mechanism is only meant for seeking information and NOT for making complaints. The Reserve Bank of India has a separate mechanism for redressal of complaints against banks and its own departments.
Complaints against Services Provided by RBI Regulated Entities (REs)
The Reserve Bank of India has provided for a separate channel for lodging complaints against ‘deficiency in services’* rendered by a Regulated Entity (RE).
For complaints against a specific RE, the complainant may first lodge a written complaint with the RE. If the complaint is rejected wholly or partly by the RE, or the complainant is not satisfied with the RE’s response; or, the complainant had not received any reply within 30 days after the RE received the complaint, the complainant can lodge the complaint against the RE online on the Reserve Bank’s Complaint Management System (CMS) portal https://cms.rbi.org.in or send in physical mode to the ‘Centralised Receipt and Processing Centre’ (CRPC) set up at RBI, 4th Floor, Sector 17, Chandigarh - 160017. The complaints received are handled by the Offices of the RBI Ombudsman as provided under the Reserve Bank – Integrated Ombudsman Scheme (RB-IOS), 2021. Complaints against the REs which do not fall within the purview of the RB-IOS are handled by the Consumer Education and Protection Cells (CEPCs) of RBI.
You may visit the following links for more information:
Further, a Contact Centre with Toll-Free number - 14448 has also been operationalized to guide / educate consumers on grievance redressal process at RBI and the process of lodging complaint, as well as guide the complainants regarding the status of their complaints already lodged with RBIOs / CEPCs. The Contact Centre is available between 8:00 a.m. to 10:00 p.m. (weekdays except National Holidays) for English, Hindi and in ten Regional Languages (Assamese, Bengali, Gujarati, Kannada, Marathi, Malayalam, Odia, Punjabi, Telugu and Tamil).
*“Deficiency in service” means a shortcoming or an inadequacy in any financial service, which the Regulated Entity is required to provide statutorily or otherwise, which may or may not result in financial loss or damage to the customer.
Complaints against RBI Services
Any person who has a grievance against any department of the Reserve Bank may lodge his / her complaint at crpc@rbi.org.in. The complaint should contain the name and address of the complainant, the department against which the complaint is being made, and facts of the case supported by documents, if any.
Making an Application under the Right to Information Act, 2005
Citizens of India will have to make the request for information in writing, clearly specifying the information sought under the Right to Information Act, 2005. The application for request should give the contact details (postal address, telephone number, fax number, email address) so that the applicants can be contacted for clarifications or the information. Since as per the Act, information can be furnished only to citizens of India, you will have to give your citizen status as well. Citizen can also lodge request through online portal by accessing the link https://rtionline.gov.in/ where the RTI fees can be paid online and the requester gets the registration number upon submission of the request and can track the application.
How long will the RBI take to provide information?
The Reserve Bank of India will, within 30 days of receipt of the application for information along with the fee, communicate to the requestor whether it can or cannot provide the information.
Will I have to pay to get the information?
As per the Right to Information (Regulation of Fee and Cost) Rules, 2005, the public authority shall charge:
- Rs.2/- for each page (in A-4 or A-3 size paper) created or copied;
- actual charge or cost price of a copy in larger size paper;
- actual cost or price for samples or models; and
- for inspection of records, no fee for the first hour; and a fee of Rs.5/- for each subsequent hour (or fraction thereof )
Further, to provide information under Section 7(5) of the Right to Information Act, 2005, the public authority shall charge:
- Rs. 50/- per diskette or floppy; and
- for information provided in printed form at the price fixed for such publication or Rs. 2/- per page of photocopy for extracts from the publication
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At what stage will I have to pay this cost?
If the Reserve Bank of India has the information and can provide it to you it will, within 30 days of its receiving the application along with appropriate fees, communicate to you the cost of providing the information as prescribed under Section 7(1) of Right to Information Act.
When will I get the information?
You will get the information, once the Reserve Bank of India receives the payment towards providing the information.
Can the Reserve Bank of India refuse to give me information?
The Right to Information Act, 2005 under Sections 8 and 9 exempts certain categories of information from disclosures. These include:
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Information, disclosure of which would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific or economic interests of the State, relation with foreign State or lead to incitement of an offence.
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Information which has been expressly forbidden to be published by any court of law or tribunal or the disclosure of which may constitute contempt of court;
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Information, the disclosure of which would cause a breach of privilege of Parliament or the State Legislature;
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Information including commercial confidence, trade secrets or intellectual property, the disclosure of which would harm the competitive position of a third party, unless the competent authority is satisfied that larger public interest warrants the disclosure of such information;
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Information available to a person in his fiduciary relationship, unless the competent authority is satisfied that the larger public interest warrants the disclosure of such information;
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Information received in confidence from foreign Government; information, the disclosure of which would endanger the life or physical safety of any person or identify the source of information or assistance given in confidence for law enforcement or security purposes;
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Information which would impede the process of investigation or apprehension or prosecution of offenders;
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Cabinet papers including records of deliberations of the Council of Ministers, Secretaries and other officers;
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Information which relates to personal information the disclosure of which has no relationship to any public activity or interest, or which would cause unwarranted invasion of the privacy of the individual.
Do I have a right to appeal?
Under the Right to Information Act, 2005 you have the right to appeal if you are not satisfied with the information provided by the Reserve Bank or its decision not to provide the information requested.
Who should I address my appeal to?
You can address the appeal to:
1) Shri Aviral Jain
Executive Director
(First Appellate Authority)
Reserve Bank of India,
20th Floor, Central Office Building,
Shahid Bhagat Singh Marg,
Fort, Mumbai – 400 001.
Email ID - aaria@rbi.org.in
Phone: 022-2270 2533
2) Shri Vivek Deep
Executive Director
(Alternate Appellate Authority)
Reserve Bank of India,
17th Floor, Central Office Building,
Shahid Bhagat Singh Marg,
Mumbai – 400 001.
Email ID - aaria@rbi.org.in
Phone: 022-2261 4228
Citizens can also submit their First Appeal for RTI requests submitted through online portal by accessing the link https://rtionline.gov.in and upon submission of the First Appeal the requester gets the registration number and can track the status of the appeal.
റിസർവ് ബാങ്ക് ഓഫ് ഇന്ത്യ മൊബൈൽ ആപ്ലിക്കേഷൻ ഇൻസ്റ്റാൾ ചെയ്ത് ഏറ്റവും പുതിയ വാർത്തകളിലേക്ക് വേഗത്തിലുള്ള ആക്സസ് നേടുക!
