rbi functions

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R.B.I. Functions

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rbi functions

  1. 1. Indian financial institution & Market Submitted by:- Sumit Pachauri M.B.A. 3rd Semester Manglayatan University, Beswan,Aligarh(U.P) Mangalayatan University, Aligarh (U.P.) Under the Guidance of :- Dr. Jyoti Agarwal
  2. 2. RESERVE BANK OF INDIA Manglayatan University, Beswan,Aligarh(U.P)
  3. 3. FUNCTIONS OF R.B.I. Monetary Authority Regulator & Supervisor of Financial System Management of Foreign Exchange Issuer of Currency Banker of Banks Detection of Fake Currency Manglayatan University, Beswan,Aligarh(U.P)
  4. 4. • Reserve Bank of India is the main monetary authority of the country. • It formulates, implements and monitors the monetary policy. • It has to ensure an adequate flow of credit to productive sectors. Monetary Authority Manglayatan University, Beswan,Aligarh(U.P)
  5. 5. • Prescribes broad parameters of banking operations within which the country''s banking and financial system functions. • Objective: maintain public confidence in the system, protect depositors'' interest and provide cost-effective banking services to the public. • Regulator and supervisor of the payment systems • Authorises setting up of payment systems • Lays down standards for operation of the payment system • Issues direction, calls for returns/information from payment system operators. Regulator & Supervisor of the Financial System Manglayatan University, Beswan,Aligarh(U.P)
  6. 6. • Manages the Foreign Exchange Management Act, 1999. • Objective: to facilitate external trade and payment and promote orderly development and maintenance of foreign exchange market in India. Management of Foreign Exchange Manglayatan University, Beswan,Aligarh(U.P)
  7. 7. • Issues and exchanges or destroys currency and coins not fit for circulation. • Objective: to give the public adequate quantity of supplies of currency notes and coins and in good quality. Issuer of Currency Manglayatan University, Beswan,Aligarh(U.P)
  8. 8. • RBI also works as a central bank where commercial banks are account holders and can deposit money. • RBI maintains banking accounts of all scheduled banks. • RBI to control the credit through the CRR, bank rate and open market operations • It can grant financial accommodation to schedule banks. It acts as the lender of last resort by providing emergency advances to the banks. Banker of Banks Manglayatan University, Beswan,Aligarh(U.P)
  9. 9. • In order to curb the fake currency menace, RBI has launched a website to raise awareness among masses about fake notes in the market.www.paisaboltahai.rbi.org.in provides information about identifying fake currency Detection of Fake Currency Manglayatan University, Beswan,Aligarh(U.P)
  10. 10. Manglayatan University, Beswan,Aligarh(U.P)

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