The Reserve Bank of India is the central bank of India and occupies a pivotal position in the country's money market. It was established in 1935 and nationalized in 1949, with responsibilities including acting as a bank of issue, banker to the government, and controller of credit in the economy to maintain monetary stability. The RBI is administered by a central board of directors and is divided internally into departments and externally into regional offices.
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
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
an analysis about the Indian banking system and the analysis of two major banking sector reforms; Narasimham committee (1 and 2) on banking sector reforms
Phases of Nationalization Process in India, Objectives of Bank Nationalization, Achievements of Nationalized Banks, Problems and Constraints of Public Sector banks, Note on Non Performing Assets
an analysis about the Indian banking system and the analysis of two major banking sector reforms; Narasimham committee (1 and 2) on banking sector reforms
Phases of Nationalization Process in India, Objectives of Bank Nationalization, Achievements of Nationalized Banks, Problems and Constraints of Public Sector banks, Note on Non Performing Assets
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.
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.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
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 at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@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
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:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
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.
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
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
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
1. Reserve Bank of India
The reserve of India is at the heart of the banking
system being a central bank, it occupies a pivotal
position in the Indian money market. It is an ‘Apex”
institution and hence acts as guardian of the Indian
money market. It was stared on April1 1935.
originally the Bank was constituted as a
shareholders’ bank with a share capital of Rupees
five crores. This capital has remained unchanged
up to this day. The Reserve Bank of India came to
be nationalized on January 1, 1949 under the
Reserve Bank Act of 1948 .
2. Administration and
Management
• Entire affairs of the RBI are administered and managed
by a central board of Director
The Board consist 1) A Governor,2) 4 Deputy Governors,
3) 4 Directors nominated by each of local boards, 4) Ten
directors from the various fields 5) one government
official from the ministry of Finance.- All nominated by
the central government.
The administration of the bank is further bifurcated in
terms of regional areas. Like Bombay, Calcutta, Madras,
and New Delhi and five member appoint by the central
govt. to regional areas
3. The chairman and the chief executive
authority of the Reserve Bank of India is the
Governor. The Governor is assisted in
performance of his duties by four deputy
Governors and three executive directors.
Meeting of the central board are held for not
less than six times in each year, at least once
in quarter
4. Governor
Dy. Governor Dy. Governor Dy. Governor Dy. Governor
Executive Executive Executive
Director Director Director
Chief Manager
Chief Accountant
5. Organization of the RBI
• Its Divided into two parts
• A) Internal Organization b) External organization
• The internal organization refers to the central
office of the bank which is divided into a number
of departments for the efficient functioning of the
bank.
• The external organization of the bank pertains to
its local offices situated at important metropolitan
cities of India
6. Role of RBI
• Reserve bank of India, being the central Bank of our country, performs
all the central banking function.
1) Bank of Issue:
RBI in the first instance acts as a Bank of issue under section 22 of the
RBI act, the bank has the sole right to issue the bank note in india. The
RBI issue note of all denomination except on rupee notes. The one rupee
note is considered to be a coin printed on a paper, and hence is issued
by the ministry of finance, govt. of India. For performing this function
more efficiently the RBI has a separate department known as the issue
department.
2) Banker to the government:
The RBI of India also acts as a banker to the government. Under section
20,21, and 21 A of the RBI act, the bank performs this function. It acts as
an agent, adviser and a banker to the government . The central as well
as the state government maintain their accounts with the RBI. In the
absence of the RBI the government maintain the account with its agent
the state of bank of India and it subsidiaries.
7. 3) Bankers bank:
The RBI like all other central banks also acts as the bankers bank.
The development of an adequate and sound banking system to cater to the
needs of trade, commerce, industry and agricultural is an additional
responsibility fo the RBI besides the performance of it traditional function. The
RBI act 1934 and the banking regulation act of 1949 have given the extensive
and sweeping power to RBI to supervise and control the commercial and co
operative banks in India.
4) Custodian of Foreign exchange Reserve:
The RBI acts as custodian of our foreign exchange reserve. It is
entrusted with the task of maintaining the external value of the rupee. The RBI
a very strict control over the foreign receipts and payments. The RBI has a
separate ‘Exchange control programme ‘ to supervise and control the scarce
foreign exchange.
5) Controller of credit
The most outstanding function of the RBI is to control the credit made
available by the entire banking system. This function is preformed by the RBI
through the formulation and execution of the monetary policy.
1) Bank rate exchange.
2) Open money market operation
3) credit control
6) Promotional function :
to establishment of new specialized agencies, opening new branch,
new bank interest rate. etc.
8. Function of RBI
• To maintain monetary stability so that the
business and economic life can deliver
welfare gains of a properly functioning
• TO maintain financial stability and ensure
sound financial institutions so that
monetary stability can be safely pursued
and economic units can conduct their
business with confidence .
• To maintain stable payment system so
that financial transactions can be safely
and efficiently executed.
9. Cont..
IV) To promote the development of financial
infrastructure of markets and systems, and to
enable it to operate efficiently ie to play a leading
role in development a sound financial system so
that it can discharge its regulatory function
efficiently
V) To ensure that credit allocation by the financial
system broadly reflects the national economic
priorities and social concerns
VI) To regulate the overall volume of money and
credit in the economy with a view to ensure a
reasonable degree of price stability.
10. Meaning of Commercial Bank
An institution which accepts deposits,
makes business loans, and offers related
services. Commercial banks also allow for a
variety of deposit accounts, such as
checking, savings, and time deposit. These
institutions are run to make a profit and
owned by a group of individuals, yet some
may be members of the Federal Reserve
System. While commercial banks offer
services to individuals, they are primarily
concerned with receiving deposits and
lending to businesses.
11. Types of Commercial Banks
Central Bank:
Central bank of a country is the leading statutory institution in
the money market of a country which acts as a leader of the
money market, supervising, controlling and regulating the
activities of commercial banks and other financial institutions
Commercial banks :
A commercial bank is a financial institution which accepts
deposits against which cheques can be drawn, lends money
to industry, trade and consumers and renders number of other
services useful to the entire community.
Industrial Banks:
They provide medium and long terms loans and supply fixed
capital to the industrial concerns by subscribing to the shares
and debentures of the industrial enterprises. They promote
new industrial concerns and provide technical guidance in the
management.
12. Exchange Banks:
They are a type of commercial banks which primarily engage in
transaction involving foreign exchange . They specialize in
financing import and export trade in foreign exchange transaction.
Co-Operative Banks:
These banks are institutions formed on the basis of co-opeation to
extend credit facilities to farmers . They accept money on deposits
and make loans to the members at low rate of interest
Agricultural Land Mortgage Banks:
These banks provide term credit to agricultural against the
security of their land for purchasing tools and implements, cattle
and for financing permanent improvements with a view to increase
yield from land.
Indigenous Banks:
These are unrecognized operations in receiving deposits and
lending money. These banks comprise chetties in Madras, Sriram
chetties etc. they receive deposits and deal in hundis, finance
trade and industry and lend money.
13. Function of Commercial Banks:
1.Accepts of Deposit:
Fixed deposit Account
Current Account
Saving bank account
2.Advancing of Loans:
Making ordinary Loans
Cash credit
Overdraft
Discounting of bills of exchange
3.Promote the use of cheque
4.Agency functions of the Bank
Transfer of funds
Collecting customers funds
Purchasing and sale of share and securities for its customers
Collecting dividends on the shares of the customers.
Payment of premium
The bank acts as the trustee and the executors
Income – tax consultant
5. Purchases and sale of foreign exchange
6.Financing internal and foreign trade
7.Other function of the Bank
Safety custody of valuable goods
14. Issuing of traveler's cheque
Giving information about its customers
Collection of statistics
Underwriting of company debenture
Accepting bills of exchange on behalf on customers
Giving advise on financial matters.