The Reserve Bank of India is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934.
The Reserve Bank of India is India's central banking institution, which controls the monetary policy of the Indian rupee. It commenced its operations on 1 April 1935 during the British Rule in accordance with the provisions of the Reserve Bank of India Act, 1934.
-The Reserve Bank of India (RBI) is India's central banking institution, which controls the monetary policy of the Indian rupee.
-It commenced its operations on 1st April 1935 in accordance with the Reserve Bank of India Act, 1934.
-Started as a Shareholders Bank with original share capital divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders.
-The general superintendence and direction of the RBI is entrusted with the 21-member Central Board of Directors.
MAJOR Functions-
1.Issue of Bank Notes
2.Banker to Government
3.Custodian of Cash Reserves of Commercial Banks
4.Custodian of Country's Foreign Currency Reserves
5.Lender of Last Resort
6.Central Clearance and Accounts Settlement
7.Controller of Credit
What is a regional rural bank ? What is the shareholding pattern of RRB? What are its role and functions ? The organizational structure of RRBs. List and objectives of RRBs. It is a presentation presented by 5 .
-The Reserve Bank of India (RBI) is India's central banking institution, which controls the monetary policy of the Indian rupee.
-It commenced its operations on 1st April 1935 in accordance with the Reserve Bank of India Act, 1934.
-Started as a Shareholders Bank with original share capital divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders.
-The general superintendence and direction of the RBI is entrusted with the 21-member Central Board of Directors.
MAJOR Functions-
1.Issue of Bank Notes
2.Banker to Government
3.Custodian of Cash Reserves of Commercial Banks
4.Custodian of Country's Foreign Currency Reserves
5.Lender of Last Resort
6.Central Clearance and Accounts Settlement
7.Controller of Credit
What is a regional rural bank ? What is the shareholding pattern of RRB? What are its role and functions ? The organizational structure of RRBs. List and objectives of RRBs. It is a presentation presented by 5 .
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
A small presentation on RBI ,22 slides divided on the baisis of structural functional and objective wise division of the slides, Most of the references are direclty from the RBI websites ,
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.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
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
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@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.
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
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.
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.
Telegram: @Pi_vendor_247
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
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
what is the best method to sell pi coins in 2024DOT TECH
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.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
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
3. Introduction
The RBI ,as the central bank of the country ,is the centre
of the Indian financial and monetary system.
It started functioning from April 1 ,1935 on the terms of
the Reserve Bank of India Act ,1934.
The bank is managed by a Central Board of Directors
,four local Boards of Directors, and a committee of the
Central Board of Directors.
4. Main Functions of RBI
1. To maintain monetary stability
2. To maintain financial stability.
3. To maintain stable payments system.
4. To promote the development of financial infrastructure
of markets and systems.
5. To ensure that credit allocation by the financial system
broadly reflects the national economic priorities and
societal concerns.
6. To regulate the overall volume of money and credit in
the economy.
5. Objective
The three objectives are:
(1) Price Stability or Control of Inflation,
(2) Economic Growth, and
(3) Exchange Rate Stability.
7. Role of RBI
1. Note issuing authority:- The RBI has the sole right or
authority or monopoly of issuing currency notes other
than one rupee notes and coins ,and coins of smaller
denominations.
2. Government Banker :- The RBI is the banker to the
Central and state governments. As a banker to the Govt.
, the bank can make “ ways and means advances” to
both the Central and State Govt. and also provides
overdraft facilities .
8. 3. Banker’s bank:-The RBI can be called a banker’s bank
because it has a very special relationship with commercial
and co-operative banks, and the major part of its business
is with these banks.
4. Supervising Authority:- The RBI has the power to
supervise and control commercial and co-operative banks
i.e to issue licenses for starting branches , to inspect the
working of banks in India.
5. Exchange Control Authority :- RBI also performs the
role of maintaining the stability of external value of rupee.
It pursues this objective through its domestic policies and
regulation of foreign exchange market.
9. 6. Promoter of Financial System :- RBI has been
rendering ‘development’ or ‘promotional services’ which
have strengthened the country’s banking and financial
structure.
7. Banking Ombudsman Scheme :- RBI introduced the
Banking Ombudsman Scheme in 1995. Under this scheme
, the complainants can file their complaints in any form ,
including online and can also appeal to the RBI against
the awards and the other decisions of the Banking
Ombudsman.
8. Monetary Policy implementation :- RBI implements the
monetary policy through its various instruments.
10. 9. Banking Codes and Standards Board of India :- To
measure the performance of banks against Codes and
standards based on established global practices ,the RBI set
up the Banking Codes and Standards Board of
India(BCSBI).
10. Customer Service Department in RBI :- RBI set up a
new department called Customer Service Department to
carry out a variety of activities relating customer services
and grievance redressal in the RBI.
11. Fair Practices Codes For Lenders:- RBI formulated the
Fair Practices Code for Lenders which was communicated
to banks to safeguard the rightful interest of the borrowers .
11. 12. Transparency and reasonableness of bank charges:-
there should be transparency and reasonableness of bank
charges.
12. Branches and support bodies
RBI Headquarters in Mumbai
The RBI has four zonal offices at Chennai, Delhi,
Kolkata and Mumbai.[41] It has 27 regional offices and
four sub-offices throughout India. Regional offices are
located in Ahmedabad, Bangalore, Bhopal,
Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati,
Hyderabad, Jaipur, Jammu, Kanpur, Kochi, Kolkata,
Dewas, Lucknow, Mumbai, Nagpur, Patna, Dehradun
and Thiruvananthapuram and sub-offices are located
in Agartala, Aizawal, Dehradun, Gangtok, Imphal,
Panaji, Raipur, Ranchi, Shillong, Shimla and Srinagar.
13. Policy Rates and Reserve Ratios
Rates as of August monetary policy meet Policy rates
Policy Repo Rate 6.50%
Reverse Repo Rate 6.25%
Marginal Standing Facility Rate 6.75%
Bank Rate 6.75%
Reserve ratios
Cash Reserve Ratio (CRR) 4%
Statutory Liquidity Ratio (SLR) 19.5%
Lending and deposit rates
Base Rate 8.65%–9.45%
MCLR (overnight) 7.70%–7.95%
Savings Deposit Rate 3.50%–4.00%
Term Deposit Rate for > 1year 6.25%–6.75%
14. 2016 Demonetisation
On 8 November 2016, the Government of India
announced the demonetisation of all ₹500 (US$7.30) and
₹1,000 (US$15) banknotes of the Mahatma Gandhi Series
on the recommendation of the Reserve Bank of India
(RBI). The government claimed that the action would
curtail the shadow economy and crack down on the use
of illicit and counterfeit cash to fund illegal activity and
terrorism.
The Reserve Bank of India laid down a detailed
procedure for the exchange of the demonetised
banknotes with new ₹500 and ₹2,000 banknotes of the
Mahatma Gandhi New Series and ₹100 banknotes of the
preceding Mahatma Gandhi Series.
15. Preamble
The preamble of the Reserve Bank of India describes the
basic functions of the reserve bank as:
"to regulate the issue of Bank notes and keeping of
reserves with a view to securing monetary stability in
India and generally to operate the currency and credit
system of the country to its advantage; to have a modern
monetary policy framework to meet the challenge of an
increasingly complex economy, to maintain price
stability while keeping in mind the objective of growth."