Department of Banking Regulation: Responsible for regulating and supervising commercial banks, the Department of Banking Regulation ensures their sound functioning. It formulates policies and guidelines to maintain stability, promote fair practices, and safeguard the interests of depositors and customers.

Department of Currency Management: The Department of Currency Management oversees the circulation and management of currency notes and coins across the country. Its primary role is to ensure the availability of adequate and genuine currency to meet the monetary needs of the economy.

Department of Economic and Policy Research: This department conducts economic research, compiles data, and prepares policy analyzes to support informed decision-making. It plays a vital role in formulating monetary policies, managing inflation, and promoting overall economic development.

Department of Supervision: The Department of Supervision monitors and supervises various financial institutions, including banks, non-banking financial companies, and cooperative banks. It assesses their performance, risk management practices, and compliance with regulatory norms to ensure a stable and robust financial system.

Department of Information Technology: The Department of Information Technology develops and maintains the technological infrastructure of RBI. It ensures the smooth functioning of critical systems, cybersecurity, data management, and digital initiatives, promoting a technologically advanced banking ecosystem.

Department of Payment and Settlement Systems: Responsible for maintaining safe and efficient payment and settlement systems, this department oversees electronic fund transfers, retail payment systems, and clearinghouses. It works towards enhancing the reliability, security, and accessibility of payment mechanisms.