A presentation on Reserve Bank of India

1. RESERVE BANK OF INDIA
BY
PRAVITA
SHARAN KUMAR
SIDDHARTHA
PGDM1

2. INTRODUCTION
₹ Imperial Bank of India (1921)
₹ Established on April 1,1935
₹ Nationalised in 1949, Sir Osborne Smith
was the first Governor of the Reserve Bank
₹ Chintaman Dwarkanath Deshmukh was the
first Indian Governor of the Bank (1943-1949)

3. INTERESTING FACTS
₹ Manmohan Singh is the only Prime
Minister who also was a Governor of
RBI(1982-1985)
₹ Current Governor is Raghuram Rajan
(2013)(one of the youngest Governor)
₹ RBI prints currency in 15 Languages
₹ Financial Year 1st July to 30th June

4. FUNCTIONS OF RBI
₹ Primary Functions
₹ Ordinary Banking Functions
₹ Miscellaneous Functions
₹ Promotional and Developmental
Functions

5. PRIMARY FUNCTIONS
₹ Note Issue
₹ Banker to the Government
₹ Banker’s Bank
₹ Custodian of Exchange Reserve
₹ Controller of Credit

6. Continued
₹ It can open an account in the World Bank
or in some foreign central bank
₹ It buys and sells gold and silver.

7. ORDINARY BANKING FUNCTIONS
₹ Accepts Deposits
₹ Buying, Selling and Rediscounting of the Bills of
Exchange
₹ It grants loans and advances to the central
Government
₹ Buying and Selling of Government Securities

8. Miscellaneous Functions
₹ Banker's training college
₹ Collection and publication of statistical information

9. PROMOTIONAL AND DEVELOPMENT
FUNCTIONS
₹ Expansion of Commercial Banks in rural areas
₹ Develop Banking habits of people
₹ Mobilising of Savings in the Country
₹ Promotion of Industrialisation

10. OBJECTIVES
₹ Regulating the issue of Currency in India
₹ Foreign Exchange Reserves
₹ Establish Monetary stability
₹ Developing Financial Structure

11. RATES AND RATIOS
POLICY RATE
CRR 4.00
SLR 22.0
Repo Rate 8.00
Reverse Repo Rate 7.00
Bank Rate 9.00

12. LATEST NEWS
₹ Aadhaar Sole platform for Financial Transactions
₹ Vigilance on Banking Sector to Prevent Frauds
₹ Income Tax Dues can be paid at RBI Offices,29 banks
₹ Definition of Deposits for Financial Entities

13. ANY QUESTIONS?

14. THANK YOU…