Bharatiya Reserve Bank Note Mudran
BRBNM was established by RBI on 3 February 1995 for the purpose to enable RBI to bridge the gap between maintain, demand and supply of Indian rupee notes in the country.
Deposit Insurance and Credit Guarantee Corporation
Deposit Insurance and Credit Guarantee Corporation was established by RBI for the purpose of providing insurance of deposits and guaranteeing of credit facilities to all Indian banks.
National Payments Corporation of India
National Payments Corporation of India was established by RBI in Dec 2008 for the purpose of management of the payment and settlement systems in India.
Reserve Bank Information Technology
It has been set up by RBI to serve its Information Technology and cybersecurity needs and to improve the cyber resilience of the Indian banking industry.
Indian Financial Technology and Allied Services
It was established by RBI, in February 2015, mandated to design, deploy and support IT-related services to all Banks and Financial Institutions in the country and also to the Reserve Bank of India. It manages and operates the Financial messaging platform (SFMS) that comprises Real-Time Gross Settlement and National Electronic Funds Transfer. INFINET is also managed by IFTAS. The IFTAS has taken over the Indian FInancial NETwork (INFINET), Structured Financial Messaging System (SFMS) and the Indian Banking Community Cloud (IBCC) from the IDRBT, effective 1 April 2016.
Reserve Bank Innovation Hub
Shaktikanta Das inaugurated the Reserve Bank Innovation Hub (RBIH) on 24 March 2022 in Bengaluru as Section-8 company under Companies Act, 2013, with an initial investment of ₹100 crore to encourage and nurture financial innovation in a sustainable manner through an institutional set-up. RBIH meant to create an ecosystem that focuses on promoting access to financial services and products for the low-income groups in India. It will also help bring world class innovation to financial sector. RBIH is to help in convergence among various stakeholders from BFSI sector, Start-up ecosystem, Regulators and Academia in the financial innovation space. RBIH is working on the blueprint of Digital Rupee.