The document summarizes the key roles and functions of the Reserve Bank of India (RBI) according to the Banking Regulation Act of 1949. It discusses how RBI was established in 1935 and nationalized in 1949. It then outlines RBI's main functions including acting as the central bank and monetary authority of India, regulating commercial banks, managing currency, acting as both lender and banker to the government, and overseeing foreign exchange reserves. The document also summarizes some of the major provisions and sections of the Banking Regulation Act related to RBI's regulatory powers.
This presentation is on Security Exchange Board (SEBI) which gives the brief about the SEBI with its objective, function, details about the chairman, rules
This presentation is on Security Exchange Board (SEBI) which gives the brief about the SEBI with its objective, function, details about the chairman, rules
It is a legislation in India that regulates all banking firms in India. it came into force from 16 March 1949 and changed to Banking Regulation Act 1949 from 1 March 1966. It is applicable in jammu and Kashmir from 1956.
Enacted: 10 March 1949
Enacted by: Parliament of India
Territorial extent: Whole of India
Introduction to Banking, Evolution of Banking, History of Banking system, Route map from traditional banking to Modern banking, Modern Banking system and its evolution, Growth of Indian Banking System
,
modes of charging
,
modes of charging security
,
different modes of creating charge
,
essentials of pledge
,
documents required for pledge
,
liquid asset
,
different forms of liquid assets
,
supplies of liquid assets
,
demand of assets
This presentation covers Merchant Banking History; Categories; Services provided by them; Methods of placement; underwriting; Issue management & SEBI guidelines.
It is a legislation in India that regulates all banking firms in India. it came into force from 16 March 1949 and changed to Banking Regulation Act 1949 from 1 March 1966. It is applicable in jammu and Kashmir from 1956.
Enacted: 10 March 1949
Enacted by: Parliament of India
Territorial extent: Whole of India
Introduction to Banking, Evolution of Banking, History of Banking system, Route map from traditional banking to Modern banking, Modern Banking system and its evolution, Growth of Indian Banking System
,
modes of charging
,
modes of charging security
,
different modes of creating charge
,
essentials of pledge
,
documents required for pledge
,
liquid asset
,
different forms of liquid assets
,
supplies of liquid assets
,
demand of assets
This presentation covers Merchant Banking History; Categories; Services provided by them; Methods of placement; underwriting; Issue management & SEBI guidelines.
A development finance institution (DFI) is an alternative financial institution which includes microfinance institutions, community development financial institution and revolving loan funds. These institutions provide a crucial role in providing credit in the form of higher risk loans, equity positions and risk guarantee instruments to private sector investments in developing countries.
This presentation include Introduction, Origin, Indian scenario, Definition, Growth, category ,Prospectus, Function, Quality Problem and Guideline for Merchant Banking.
The full details of The Banking Sector,its phases,The Act,explanation of each and every sections step wise with the amendments in the past years,Nationalization of Banks, Reasons for the revolution phase etc.
RBI GUIDELINES: GUIDELINES FOR COMPROMISE SETTLEMENT OF DUES OF BANKS AND FIN...GK Dutta
As you are aware, the Indian Banks’ Association (IBA) has been issuing guidelines to member institutions for taking up of cases for settlement through Lok Adalats. The position
was reviewed and it was observed that banks have not taken adequate advantage of the Lok Adalats for compromise settlement of their NPAs. There are certain advantages in using the forum of Lok Adalats by banks and financial institutions in compromise settlement of their NPAs. There are no court fees involved when fresh disputes are referred to it. It can take cognizance of any existing suit in the court as well as look into and adjudicate upon fresh disputes. If no settlement is arrived at, the parties can continue with court proceedings. Its decrees have legal status and are binding. It has, therefore, been decided that with a view to making increasing use of the forum of Lok
Adalats to settle banking disputes involving smaller amounts, banks and financial institutions should follow the following guidelines for implementation.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
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.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
when will pi network coin be available on crypto exchange.DOT TECH
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
1. Banking Regulation act 1949
&
Role of RBi
Amiya kumar sahoo
Innovation-The Business School
2. aBout RBi
RBI established on 1st April, 1935 under the
Reserve Bank of India Act 1934.
Initially it was a private sector bank & nationalized
on 1st January 1949 & with this the central
Government owned 100% capital of the bank.
The first Governer of the bank O. Smith & the first
Indian Governer was Dr. C. Desmukh.
3. MANAGEMENT
Managed by a Board of Directors (total
directors twenty), which consists of :
1. Governor
2. Not more than four deputy governor
3. Fifteen other directors
4. functions of RBi
Note issuing Authority
Banker to Government (Central & State)
Banker’s Bank
Controller of Credit
Custodian of Foreign Exchange Reserve
and Lender of the Last Resort
5. note issuing authoRity oR Bank of issue:
Under Section 22 of the Reserve Bank of India Act, the
Bank has the sole right to issue bank notes of all
denominations other than one rupee notes or coin & all
coins issued by the Government of India.
Issues note in denominations of rupees two, five, ten,
Twenty, fifty, one hundred, five hundred & one thousand,
known as bank Notes & carry a guarantee by the Central
Government.
RBI can issue notes against the security of gold coins, gold
bullions, foreign securities, rupee coins, Govt. of India
securities & bills of exchange, promissory notes. Out of this
the value of gold coins & foreign securities should not be
less than Rs. 200 crores.
6. Currency chest- Apart from its issues department,
the RBI has appointed public sectors bank to acts as
his agents for distribution of currency. These banks
are required to maintain currency chests for this
purpose.
RBI reimburse expenses incurred by public bank for
maintaining the currency chest.
The balance in the currency chests are the property of
the RBI.
Small coins do not form a part of the currency chest
& are stored on separate depots called as small coin
depots.
7. Acting as Banker to Government
RBI acts as a Government banker, agent and advisor to central
& state Governments.
RBI has the obligation to transact Government business, via.
to keep the cash balances as deposits free of interest, accepting
cheques, receiving & collecting payments, transferring funds
,to receive and to make payments on behalf of the Government
and to carry out their exchange remittance and other banking
operations.
8. The bank also provides ‘Ways & Means Advances
(WMA) to both central & state Governments for
bridging the temporary gaps between receipts &
payments with a maturity of 3 months.
RBI also permits the State Government to draw
overdrafts apart from WMAs.
It acts as adviser to the Government on all monetary
and banking matters.
9. Controller of credit
Quantitative credit control methods:
Bank rate, CRR, SLR
Open market operations (OMO)- The sale & purchase of
Govt. securities by RBI is called OMO.
Through OMO RBI controls-
1. Inflation
2. Lending & borrowing power of banks
3. Money supply to market
4. Liquidity in the economy.
10. Custodian of Foreign Exchange Reserve
(sec 40)
Maintains the rate of exchange of the
rupee
The Reserve Bank has to act as the
custodian of India's reserve of
international currencies.
RBI has the responsibility of maintaining
fixed exchange rates with all other
member countries of the I.M.F
The vast sterling balances were acquired
and managed by the Bank.
11. Bankers Bank and lender of last resort
Provides financial help during crisis time
Increases elasticity and liquidity of the
credit structure in the market
Enables commercial banks to carry their
activities with their limited cash reserve
Way of exercising control over banking
system
12. Others
Bank of settlement and clearance
Information and research functions
13. Banking Regulation Act - 1949
Act was originally called as Banking Companies
Act 1949.
It came into force from 16th March 1949.
Now it is renamed as Banking regulation Act
1949.
Reasons for commencement of this Act.
14. Provisions of the Act
1. Definition of Banking(sec 5(b))
2. Business of Banking Company (sec 6)
Main Functions
Subsidiary Functions
Kinds of business that can not be done
3. Capital Requirement.
15. S. Foreign banking co. Amount(Rs.)
N
1. If it has a place of business in Bombay or Calcutta or both 20 lacs
2. If it has no place of business in Bombay or Calcutta 15 lacs
Indian banking co.
1. Banking co. having place of business in more than 1 state 5 lacs
2. Banking co. having place of business in more than 1 state & 10 lacs
if any such place include Bombay or Calcutta or both
3. Banking co. having place of business in 1 state but none in
Bombay or Calcutta
a) For principal place of business plus 1lacs
b) For each of place in the same district plus 10000
c) For each of place in other district 25000
subject to overall limit of 5lacs
4. Banking co. having only one place of business and also no 50000
branch in Bombay or Calcutta
5. a) Banking co. having place of business in only
1 state, one or more or which is or are situated in Bombay
or Calcutta or plus 5lacs
b) For each place of business outside the city 25000
c) subject to overall limit of 10lacs
16. Continue……..
4. Management
Board of Directors
Wholetime Chairman
5. Maintenance of Liquid Assets
CRR(sec 18)
No loans & advances on its own shares(sec 20)
No floating charge to any of its property(sec 14A)
Credit policy need to be followed by Banks(sec21)
17. Continue…
Cannot be a pledgee of any immovable property for
period of exceeding 7 years(except official work)sec 9
Cannot hold shares in other co’s more than 30% of paid
up capital of that co or their own(sec 19)
Restriction on granting loans to any of the its directors or
to any institution in which director is interested.
SLR
Foreign co. Should keep assets in India atleast to the
extent of 75% of total liabilities at the end of every
quarter
18. 6. Licensing of Banks(sec 22)
Financial status
Companies affairs are in compliance
with the rules
Foreign banks
1. No discrimination
2. Business in public interest
3. Comply with the provisions of Act
19. 7.Opening of New branches(sec 23)
Prior permission from RBI(in India or
abroad) or changing location of the
existing offices.
Conditional license
Conditions to be satisfied
Prior consent not required
New licensing policy
20. 8. Loans and Advances(sec 21)
Purpose of loan
Margin for secured advances
Amount of advances to a bank, company ,
individual or a firm
Rate of interest and other terms
Maximum amount upto which guarantee can be
given
Exceptions- No loan to director, or no loan on
security of its own shares
21. 9. Inspection of Banks(sec 35)
RBI has a right to inspect books of accounts of
any bank
Obligation on every employee to produce all the
books
Right to examine any of the
officer/Director/employee
Either its own initiative or by order of central
govt.
Report to be prepared, send to bank and Central
govt and decision to be taken.
22. 10.Returns to be submitted
Returns of liquid assets & liabilities(sec 23(3))
Returns of unclaimed deposits(sec 26)
Monthly returns(sec 27)
Return of annual accounts(sec 31)(auditors report)
Additional information(advances)
23. 11. Acquisition of business(sec 36 AE to AJ)
When banking co fails to comply the
directions given under sec 21 of 35A
When banking business is carried on to
the detriment of interest of the depositors
When RBI feels to provide credit in a
better way to a particular area.
Compensation is paid to shareholders.
24. 12. Winding up of a Banking co.
1) If banking co. is unable to pay its debts
a) if it refused to meet any lawful demand made at any of
its offices with in 2 days(some cases 5 days).
b) If RBI certifies in writing
2) The RBI will make an application under the following
circumstances :
a) fails to comply with the provisions of Act.
b) unable to pay debts
c) fails to implement satisfactory compromise sanctioned
by court
d) against the interest of depositors
e) Liquidator
25. 13. Amalgamation of Banking Companies
(sec 44(a))
Information to shareholders and approved by two-third
majority of shareholders
Details of meeting to be given to every shareholder,
needs to be published in at least two newspapers for
three consecutive weeks
Discontented shareholders can claim their value of
shares
Amalgamation scheme has to be sanctioned by RBI
Assets & liabilities are transferred
A copy of order of amalgamation to be given to ROC
26. 14. Powers of RBI
Discussed earlier
Power to grant moratorium
Power to appoint liquidator
Additional powers
27. 15. Miscellaneous Provisions(penalties (sec 46))
False or inaccurate return – fine & imprisonment
upto 3 years
Failure to furnish documents, accounts or
comply with the Act – penalty of Rs. 2000 (plus
Rs.100 per day)
Receiving deposits in contravention of order of
RBI – fine upto twice of amount
Persons responsible for fault ,shall be deemed
guilty of the default
28. 16. Application of the Act to Co-op Bank
Co-op banks were brought under the
purview of Banking Regulation Act 1949.
The Act is not apply to all state and central
Co-op banks
This Act is not applicable to Land
development banks and agriculture credit
society.
29. Class Exercise
Which of the following situations will lead to a
fall in the interest rates?
1. When there is excess money supply
2. When the domestic currency offered at lower
rates
3. When the repos are offered at lowered rates
4. Both 1) & 2)
5. Both 1) & 3)