Rbash is a restricted version of the Bash shell that limits what commands can be run for security purposes. It prevents actions like changing directories, modifying shell variables, using redirection operators, or replacing the shell with another command. Rbash can be invoked by running bash with the -r option or by linking /bin/bash to /bin/rbash. To disable rbash, one can execute bash directly or use ssh to run a command in a non-restricted shell.