Your SlideShare is downloading. ×
0
Rbi
Rbi
Rbi
Rbi
Rbi
Rbi
Rbi
Rbi
Rbi
Rbi
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Rbi

533

Published on

0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total Views
533
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
43
Comments
0
Likes
1
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. RBI RESERVE BANK OF INDIA  PRESENTED BY :- ANANT GARG
  • 2. INTRODUCTION  It is the Central Bank of India Established on 1st April 1935 under the Reserve Bank of India Act.  Its head quarter is in Mumbai (Maharashtra).  Its present governor is Dr. Raghuram Rajan.  It has 19 Regional offices most of them in State capitals and 9 sub-offices.
  • 3. BRIEF HISTORY  It was set up under the recommendations of the      Hilton Young commission. It was started as share-holders bank with paid up capital of INR 5 crores. Initially it was located in Kolkata. It moved to Mumbai in 1937 Initially it was privately owned. It got nationalized in 1949.
  • 4. PREAMBLE The preamble of the Reserve Bank of India describes the basic functions of the Reserve Bank as :“To regulate the issue of Bank notes and keeping the reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to it advantage”
  • 5. STRUCTURE OF RBI The organization of RBI can be divided into three parts:Central Board of Directors : The organization and management of RBI is vested on the Central board of Directors. It is responsible for the management of RBI. Central board of RBI consist of 20 members. It is constituted as follow a) One Governor b) Four Deputy Governors c) Fifteen Directors 1.
  • 6. Local Boards: Local boards are for four regional areas of the country with their head-quarters at Mumbai, Kolkata, Chennai and New Delhi. It consist of five member each , appointed by central government for a term of 4 years. 3. Offices of RBI: The Head office of the RBI is in Mumbai and offices of Local boards are situated in Mumbai, Kolkata, Chennai and New Delhi. RBI has opened local offices or branches in different parts of India. In places where RBI cannot open the offices the State Bank of India and its associate banks represents as the agent of RBI. 2.
  • 7. FUNCTIONS OF RBI  Issue of currency  Development role  Banker to government  Banker to bank  Role of RBI in inflation control
  • 8.  Formulate monetary policy  Manager of foreign currency  Clearing house functions  Regulation of banking system
  • 9. CONCLUSION The RBI has done a commendable job as a monetary authority and regulator of the financial system. It has adopted the best international practices in the dissemination of information and rational of policies. The bank intervened in markets where necessary and allowed the market participation to build skills and gain maturity to accept the new system.

×