Financial Management at RBI

2. Sr.
No.
Name Roll No.
1. Jatin Bhoir 04
2. Prathamesh Bhosale 09
3. Nikhil Hulwan 16
4. Sagar Yadav 18
5. Satyesh Desai 22
6 . Fatema Halvadwala 35

6. Reserve Bank of India
Commercial Banks Co-operative Banks Development Banks
Public
Private
EXIM
Industrial
Agricultural
Primary Co-
operative Credit
Society
Central Co-operative
Banks
State co-operative
Banks
Land Development
Banks
Urban Co-operative
Banks

7. Regulator of Currency
Banker, Fiscal Agent and Adviser
to the Government
Custodian of Cash Reserves of
Commercial Banks
Custody and Management of Foreign Exchange Reserves
Lender of the Last Resort
Clearing House for Transfer and Settlement
Controller of Credit

8. Reserve Bank of India
Commenced from 1st April
1935
Financial supervision
Regulator & supervisor of
financial system
Managerial of exchange
control
Issuer of currency
Banker’s bank

9. PRIMARY FUNCTIONS
 Accepting deposits
 Saving account
 Current account
 Fixed deposit
 Recurring deposit
 Loans & Advances
 Cash credit
 Bank overdraft
 Loans
 Discounting of bill

10. SECONDARY FUNCTIONS
 Agency functions
 Funds transfer
 Payments and collections
 Cheque collections
 Portfolio management
 Utility functions
 Issues of drafts , letter of
credits, etc
 Locker facility
 Underwriting of shares
 Dealing in foreign exchange
 Project reports

11. PUBLIC SECTOR
 Government owns the
bank & holds more than
50% of share
 Low rate of interest
 Government controls the
bank
 Eg- SBI, Bank Of India,
Canara bank, etc.
PRIVATE SECTOR
 Owned by private lenders
 High rate of interest
 Managed by private
bodies
 Eg- Axis bank, HDFC
Bank, ICICI Bank, etc.

13.  Works on the principle of
co-operation & mutual
help
 It provides limited
banking product
 It do banking business in
agriculture & rural sector
 It does not pursue the goal
of profit maximization

14.  Encourages industrial growth
 Development of entrepreneurs
 Provides medium & long term
finance to business units
 Promotes saving &
investment habits
 Fulfilling socio economics
objectives