10BM60069_Rabul_Kumar_RBI

460 views

Published on

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
460
On SlideShare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
25
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

10BM60069_Rabul_Kumar_RBI

  1. 1. Reserve Bank of India<br />Rahul Kumar<br />10BM60069<br />
  2. 2. History<br />The origins of the Reserve Bank of India can be traced to 1926, when the Royal Commission on Indian Currency and Finance recommended the creation of a central bank for India to separate the control of currency and credit from the Government.<br />The Reserve Bank of India was established under the Reserve Bank of India Act of 1934 and started operations in 1935.<br />
  3. 3. Organisation Structure<br />
  4. 4. Main Functions<br />Monetary Authority<br />Banker to Banks<br />Issuer of currency<br />Developmental role<br />
  5. 5. Monetary Policy: Objectives<br />Growth with Stability<br />Reduction of Poverty and Unemployment<br />Enhancement of Income and Consumption<br />Reasonable degree of Price stability<br />Improved Fiscal Performance<br />Financial Stability <br />Stability of Domestic Currency<br />Impetus for Financial Markets Reforms<br />
  6. 6. Monetary Policy: Instruments<br />Quantitative Controls<br />CRR and SLR<br />Repos/Reverse Repos<br />Bank Rate<br />Open Market Operation<br />Market Stabilization Securities<br />Qualitative Controls<br />Margin Requirements<br />Publications of reports<br />Moral Suasion<br />Direct Instruction<br />
  7. 7. Banker to Banks<br />Enabling smooth, swift and seamless clearing and settlement of inter-bank obligations.<br />Providing an efficient means of funds transfer for banks.<br />Enabling banks to maintain their accounts with the Reserve Bank for statutory reserve requirements and maintenance of transaction balances.<br />Acting as a lender of last resort.<br />
  8. 8. Issuer of Currency<br />Currency Management<br />Currency Distribution<br />Coin Distribution<br />Special Type of Notes<br />Exchange of Notes<br />Combating Counterfeiting<br />
  9. 9. Developmental Role<br />Rural Credit<br />Micro, Small and Medium Enterprises Development<br />Export Credit<br />Financial Inclusion<br />Customer Service<br />
  10. 10. Summer Project 1<br />Working towards cashlesstransactions<br />Ease of payment<br />Ease of documentation<br />Clear tracking of money route<br />
  11. 11. Summer Project 2<br />Microfinance<br />Structure and Sustainability Issues<br />Funding Issues<br />Capacity Building Issues<br />Regulatory Issues<br />
  12. 12. References<br />http://www.rbi.org.in/Scripts/PublicationReportDetails.aspx?FromDate=11/06/03&SECID=21&SUBSECID=0<br />www.isb.edu/caf/htmls/YVReddy_Speech.pdf<br />rbidocs.rbi.org.in/rdocs/notification/DOCs/65063.doc<br />http://www.microfinancefocus.com/content/rbi-releases-malegam-committee-report-microfinance<br />http://en.wikipedia.org/wiki/Reserve_Bank_of_India<br />Class presentation by Prof. Arun Kumar Misra<br />

×