The document provides an overview of the Reserve Bank of India (RBI), including its history, functions, and monetary policy tools. It establishes that the RBI was established in 1935 and serves as India's central bank, regulating the country's banking system and controlling its money supply. The RBI engages in functions like managing foreign exchange, acting as a banker to the government and other banks, issuing currency, and pursuing developmental objectives through specialized programs. It aims to maintain price stability and manage inflation through various quantitative and qualitative monetary policy instruments.
Introduction, Organization Structure of RBI, Reason for establishment of RBI, Functions of RBI, Role of RBI in Inflation, Control Measures, Policy Rate in Indian Banking
This presentation has two parts RBI & Monetary Policy.
It covers in detail the RBI, its history, preamble, organization structure, objectives, its functions in detail, its subsidiaries and all its publications with their links.
In the second part it covers Monetary Policy from Indian perspective. It starts with definition, Policy process followed in India, Goals, Framework. It covers the instruments of Monetary Policy in detail. It covers the future framework envisaged by RBI. In the last leg it covers the Contractionary & Expansionary monetary policy with their execution challenges.
Introduction, Organization Structure of RBI, Reason for establishment of RBI, Functions of RBI, Role of RBI in Inflation, Control Measures, Policy Rate in Indian Banking
This presentation has two parts RBI & Monetary Policy.
It covers in detail the RBI, its history, preamble, organization structure, objectives, its functions in detail, its subsidiaries and all its publications with their links.
In the second part it covers Monetary Policy from Indian perspective. It starts with definition, Policy process followed in India, Goals, Framework. It covers the instruments of Monetary Policy in detail. It covers the future framework envisaged by RBI. In the last leg it covers the Contractionary & Expansionary monetary policy with their execution challenges.
Reserve Bank Of India is the Apex Bank of India responsible to take care of banking and credit system of the country.Its main function is to form the monetary policies and rules and regulations for efficient and transparent banking system..
Reserve Bank Of India is the Apex Bank of India responsible to take care of banking and credit system of the country.Its main function is to form the monetary policies and rules and regulations for efficient and transparent banking system..
Apart from its Monetary policies to combat Inflation, Recession and like issues; Central Bank also has a significant role to play in the development of a country. This brief presentation highlights the roles India's Central Bank - the Reserve Bank of India has to play in the country's development.
Roles, objectives and functions of Reserve Bank of India. Structure of RBI. It will give overview of RBI. It's regulatory functions and it's credit creation objectives. It will enlighten steps to Control inflation and the tools used for inflation control. It will also help students to get an overview of RBI structure and the functions it carries out
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The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
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@Pi_vendor_247
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Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
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1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
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Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
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There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
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Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
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I'll provide you the Telegram username
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How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
3. INTRODUCTION TO RBI
Established in April
1935 under the
RESERVE BANK OF
INDIAN ACT 1934.
Head Quarters –
MUMBAI
The Reserve Bank of India is
the central banking institution of
India and controls the monetary
policy of the rupee as well as
currency reserves.
Present Governor –
P Raghuram rajan.
4. History Of RBI
It was set up on the recommendations of Hilton Young
Commission
It was started as share-holders bank with a paid up capital
of 5 crores
Initially it was located in Kolkata
It moved to Mumbai in 1937
Initially it was privately owned
Since 1949, the RBI is fully owned by the Government of
India.
Its First governor was Sir Osborne A.Smith
The First Indian Governor was “Sir Chintaman
D.Deshmukh
5. YEAR IMPORTANCE
1926 The Royal Commission on Indian Currency and Finance
recommended creation of a central bank for India.
1934 The Bill was passed and received the Governor General’s assent
1935 The Reserve Bank commenced operations as India’s central bank
on April 1 as a private shareholders’ bank with a paid up capital of
rupees five crore
1942 The Reserve Bank ceased to be the currency issuing authority of
Burma (now Myanmar).
1947 The Reserve Bank stopped acting as banker to the Government of
Burma
1948 The Reserve Bank stopped rendering central banking services to
Pakistan
1949 The Government of India nationalised the Reserve Bank under the
Reserve Bank (Transfer of Public Ownership) Act, 1948
6.
7. REGIONAL OFFICE AND SUBSIDARIES
• Has 27 regional offices.
• Has five training establishments
• College of Agricultural Banking and Reserve Bank of India
Staff College – Pune.
• National Institute for Bank Management- Pune.
• Indira Gandhi Institute for Development and Research -
Mumbai.
• Institute for Development and Research in Banking
Technology (IDRBT)- Hyderabad.
SUBSIDIARIES
• Deposit Insurance and Credit Guarantee Corporation of
India(DICGC).
• Bharatiya Reserve Bank Note Mudran Private Limited
(BRBNMPL).
9. FUNCTIONS OF RBI
• Financial supervision.
• Monetary management.
• Issue of currency.
• Banker to government.
• Banker to bank.
• Formulate monetary policy.
• Financial regulation and management.
• Manager of foreign exchange.
• Development role.
10. • The Reserve Bank of India performs this function under
the guidance of the Board for Financial Supervision
(BFS). The Board was constituted in November 1994 as
a committee of the Central Board of Directors of the
Reserve Bank of India.
• Objective
• Primary objective of BFS is to undertake consolidated
supervision of the financial sector comprising
commercial banks, financial institutions and non-
banking finance companies.
Financial Supervision
11. Constitution
• The Board is constituted by co-opting four Directors from
the Central Board as members for a term of two years and is
chaired by the Governor. The Deputy Governors of the
Reserve Bank are ex-officio members. One Deputy
Governor, usually, the Deputy Governor in charge of
banking regulation and supervision, is nominated as the
Vice-Chairman of the Board.
BFS meetings
• The Board is required to meet normally once every month.
It considers inspection reports and other supervisory issues
placed before it by the supervisory departments.
12. Monetary authority
Main monetary authority of the country.
It formulates, implements and monitors the
monetary policy as well as it has to ensure an
adequate flow of credit to productive sectors.
The RBI controls the monetary supply,
monitors economic indicators like the gross
domestic product and has to decide the design
of the rupee banknotes as well as coins.
13. Issuer of currency
Design, printing and
distribution.
The bank issues and
exchanges or destroys
currency and coins not fit for
circulation.
The objectives are giving the
public adequate supply of
currency of good quality and
to provide loans to
commercial banks to maintain
or improve the GDP.
14. Minimum Reserve System
Principle of Currency Note Issue.
RBI can issue currency notes as much as the
country requires, provided it has to make a
security deposit of Rs. 200 crores, out of which
Rs. 115 crores must be in gold and Rs. 85
crores must be FOREX Reserves.
This principle of currency notes issue is known
as the 'Minimum Reserve System'.
15. BANKER TO THE GOVERNMENT
Banker to the Government: performs
merchant banking function for the central
and the state governments; also acts as
their banker.
BANKER TO THE BANK
16. FINANCIAL REGULATION AND MANAGEMENT
As the regulator and the
supervisor of the banking
system, the Reserve Bank has a
critical role to play in ensuring
the system’s safety and
soundness on an ongoing basis.
The objective of this function is to protect the interest of
depositors through an effective prudential regulatory
framework for orderly development and conduct of banking
operations, and to maintain overall financial stability
through various policy measures.
17. Manager of Foreign Exchange
To facilitate external trade and payment.
It acts as a custodian and Manages the
Foreign Exchange Management
Act,(FEMA) 1999.
RBI buys and sells foreign currency to maintain the exchange
rate of Indian Rupee v/s foreign currencies like the US Dollar,
Euro, Pound and Japanese yen.
OBJECTIVE: TO FACILITATE EXTERNAL TRADE
AND PAYMENT AND PROMOTE ORDERLY
DEVELOPMENT AND MAINTENANCE OF FOREIGN
EXCHANGE MARKET IN INDIA.
18. The central bank has to
perform a wide range
of promotional
functions to support
national objectives and
industries.
DEVELOPMENTAL ROLE
SACP.
KCC.
NATURAL CALAMITIES.
LEAD BANK SCHEME.
EXPORT CREDIT.
19. Special Agricultural Credit Plan
• View to augmenting the flow of credit to
agriculture.
• Under the SACP, banks are required to fix self-
set targets showing an increase of about 30
per cent over previous year’s disbursements
on yearly basis (April – March).
• The public sector banks- 1994.
• Private Sector banks -2005-06.
20. Kisan Credit Cards
• 1998-99.
• To enable the farmers to purchase agricultural inputs
and draw cash for their production needs.
• On revision of the KCC Scheme by NABARD in 2004, the
scheme now covers term credit as well as working
capital for agriculture and allied activities and a
reasonable component for consumption needs.
• Under the scheme, the limits are fixed on the basis of
operational land holding, cropping pattern.
21. Natural Calamities
• Relief Measures In order to provide relief to bank
borrowers in times of natural calamities, the
Reserve Bank has issued standing guidelines to
banks.
• Rescheduling / conversion of short-term loans
into term loans;
• Fresh loans;
• Relaxed security and
• Non-compounding of interest in respect of loans
converted / rescheduled; and moratorium of at
least one year.
22. Lead Bank Scheme
• Lead Bank Scheme - 1969.
• Here designated banks were made key instruments
for local development and were entrusted with the
responsibility of identifying growth centres, assessing
deposit potential and credit gaps and evolving a
coordinated approach for credit deployment in each
district, in concert with other banks and other
agencies.
• The Reserve Bank has assigned a Lead District
Manager for each district who acts as a catalytic
force for promoting financial inclusion and smooth
working between government and banks.
23. Export Credit
• Recognising the important role of exports in
maintaining the viability of external sector and
in generating employment, the Reserve Bank
had sought to ensure adequate availability of
concessional bank credit to exporters.
• It took the lead role in setting up the Export
Import Bank of India (EXIM Bank) in January
1982.
24. ROLE OF RBI IN INFLATION CONTROL
• Inflation arises when the demand increases and there is a
shortage of supply There are two policies in the hands of the
RBI.
• Monetary Policy: It includes the interest rates. When the bank
increases the interest rates than there is reduction in the
borrowers and people try to save more as the rate of interest
has increased.
• Fiscal Policy: It is related to direct taxes and government
spending. When direct taxes increased and government
spending increased than the disposable Income of the people
reduces and hence the demand reduces.
25. Quantitative Measures
Quantitative Measures “BANK RATE” also called “Discount
Rate”.
It also includes “Repo Rate”.
“Open Market Operations” buying and selling of government
securities.
“Variable Reserve Ratio” it includes C.R.R and S.L.R
Qualitative Measures
1. Moral suasion
2. Direct Action
3. Prescription of margin.
4. Consumer credit regulation.
26. BANK RATE
It’s the interest rate that is charged by a country’s central
bank on loans and advances to control money supply in the
economy and the banking sector.
The present bank rate is 8.75%
REPO RATE
Whenever the banks have any shortage of funds they can
borrow it from the central bank. Repo rate is the rate at which
our banks borrow currency from the central bank.
A reduction in the repo rate will help banks to get Money at a
cheaper rate.
The present repo rate is 7.75 %
27. REVERSE REPO RATE
It’s the rate at which the banks park surplus funds
with reserve bank.
While the Repo rate is the rate at which the banks
borrow from the central bank.
It is mostly done , when there is surplus liquidity in
the market by the central bank.
The present reverse repo rate is 6.75 %
28. CASH RESERVE RATIO
• Cash Reserve Ratio (CRR) is the amount of
Cash(liquid cash like gold)that the banks have to keep
with RBI.
• The present CRR rate is 4 %.
29. STATUTARY LIQUIDITY RATIO
•It is the amount a commercial bank needs to maintain
in the form of cash, or gold or govt. approved securities
(Bonds) before providing credit to its customers.
•SLR rate is determined and maintained by the RBI
(Reserve Bank of India) in order to control the
expansion of bank credit.
•The present SLR rate is 23%.
30. BASE RATE
• The Base Rate is the minimum interest rate of
a Bank below which it cannot lend, except in
cases allowed by RBI.
• 9.80 – 10.25 %
31. MARGINAL STANDING FACILITY
• The rate at which the scheduled banks could borrow
funds from the RBI overnight, against the approved
government securities is termed as MSF.
• Reserve Bank of India in its monetary policy (2011-12)
has defined the term Marginal Standing Facility rate as
the one, under which scheduled banks could borrow up
to 2 % of their respective Net Demand and time
Liabilities funds overnight from the Reserve Bank of
India (RBI) against approved government securities.
• And the present rate is 8.75%.
32. REGULATION OF BANKING SYSTEM
The prime duty of the reserve Bank is to regulate the banking
system of our country in such a way that the people of the country
can trust in the banking Up to perform its duty.
The Reserve Bank has following powers in this regard:
•Licensing:
According to the section 22 of the Banking Regulation Act, every
bank has to obtain license from the Reserve Bank. The Reserve
Bank issues such license only to those banks which fulfill
condition of the bank.
33. • Management:
Section 10 of the Banking Regulation Act embowered the
Reserve Bank to change manager or director of any bank if it
considers it necessary or desirable.
Branch Expansion:
Section 23 requires every bank to take prior permission from
Reserve Bank to open new places of business in India.
Power of inspection of Bank:
Under Section 35, the Reserve Bank may inspect any bank and
its books and accounts either at its own initiative or at the
instance of the Central Government.
34. PUBLICATIONS OF RBI
Annual
Annual Report
Report on Trend and Progress of Banking in India
Report on Currency and Finance
Handbook of Statistics on the Indian Economy
State Finances: A Study of Budgets
A Profile of Banks
Statistical Tables Relating to Banks in India
Basic Statistical Returns of Scheduled Commercial Banks
in India
35. Half Yearly
Financial Stability Report
Quarterly
Macroeconomic and Monetary Development
Occasional Papers
Quarterly Statistics on Deposits and Credit of
Scheduled Commercial Banks
Monthly
RBI Bulletin
Monetary and Credit Information Review
Weekly
Weekly Statistical Supplement
Occasional
RBI Working Paper Series (Web version)
36. Second Quarter Review of Monetary Policy Statement 2013-14
Growth
• Modest improvement in growth is expected in
the second half (H2) of 2013-14 following a
rebound in agriculture and an improvement in
exports
• With deceleration in private consumption and
fall in investment, overall demand conditions
remain weak.
37. Second Quarter Review of Monetary Policy Statement 2013-14
Inflation
• WPI inflation is ruling above the Reserve Bank’s
comfort level and may remain range-bound
around the current level during H2 of 2013-14.
Moreover, the persistence of high CPI inflation
remains a concern.
• The good monsoon should have a salutary effect
on food inflation, but second-round effects from
already high food and fuel inflation could impart
upside pressures on prices of other commodities
and services.
38. Second Quarter Review of Monetary Policy Statement 2013-14
• Reduced the marginal standing facility (MSF)
rate by 25 basis points from 9.0 per cent to
8.75 per cent
• Increased the policy repo rate under the
liquidity adjustment facility (LAF) by 25 basis
points from 7.5 per cent to 7.75 per cent
39. Second Quarter Review of Monetary Policy Statement 2013-14
• Credit to agriculture increased by 13.2 per cent in
September 2013 as compared with the increase of 19.6 per
cent in September 2012.
• Credit to industry increased by 17.6 per cent in September
2013 as compared with the increase of 17.0 per cent
September 2012.
• Credit to the services sector increased by 22.1 per cent in
September 2013 as compared with the increase of 14.4 per
cent in September 2012.
• Credit to Non Banking Financial Companies (NBFCs)
increased by 26.6 per cent in September 2013 as compared
with the increase of 28.4 per cent in September 2012.
40. SOURCES:
• RBI OFFICIAL WEBSITE.
• RESERVE BANK OF INDIA: FUNCTIONS AND WORKING.
• WWW.brbnmpl.com
• WIKKIPEDIA.