rbi functions
description
Transcript of rbi functions
![Page 1: rbi functions](https://reader036.fdocuments.net/reader036/viewer/2022082916/54ce311d4a79591e0f8b49d7/html5/thumbnails/1.jpg)
Indian financial institution & Market
Submitted by:-
Sumit Pachauri
M.B.A. 3rd Semester
Manglayatan University, Beswan,Aligarh(U.P)
Institute of Business Management
Mangalayatan University, Aligarh (U.P.)
Under the Guidance of :-Dr. Jyoti Agarwal
![Page 2: rbi functions](https://reader036.fdocuments.net/reader036/viewer/2022082916/54ce311d4a79591e0f8b49d7/html5/thumbnails/2.jpg)
Manglayatan University, Beswan,Aligarh(U.P)
RESERVE BANK OF INDIA
![Page 3: rbi functions](https://reader036.fdocuments.net/reader036/viewer/2022082916/54ce311d4a79591e0f8b49d7/html5/thumbnails/3.jpg)
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)
![Page 4: rbi functions](https://reader036.fdocuments.net/reader036/viewer/2022082916/54ce311d4a79591e0f8b49d7/html5/thumbnails/4.jpg)
Monetary Authority
• 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.
Manglayatan University, Beswan,Aligarh(U.P)
![Page 5: rbi functions](https://reader036.fdocuments.net/reader036/viewer/2022082916/54ce311d4a79591e0f8b49d7/html5/thumbnails/5.jpg)
Regulator & Supervisor of the Financial System
• 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.
Manglayatan University, Beswan,Aligarh(U.P)
![Page 6: rbi functions](https://reader036.fdocuments.net/reader036/viewer/2022082916/54ce311d4a79591e0f8b49d7/html5/thumbnails/6.jpg)
Management of Foreign Exchange
• 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.
Manglayatan University, Beswan,Aligarh(U.P)
![Page 7: rbi functions](https://reader036.fdocuments.net/reader036/viewer/2022082916/54ce311d4a79591e0f8b49d7/html5/thumbnails/7.jpg)
Issuer of Currency
• 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.
Manglayatan University, Beswan,Aligarh(U.P)
![Page 8: rbi functions](https://reader036.fdocuments.net/reader036/viewer/2022082916/54ce311d4a79591e0f8b49d7/html5/thumbnails/8.jpg)
Banker of Banks
• 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.
Manglayatan University, Beswan,Aligarh(U.P)
![Page 9: rbi functions](https://reader036.fdocuments.net/reader036/viewer/2022082916/54ce311d4a79591e0f8b49d7/html5/thumbnails/9.jpg)
Detection of Fake Currency
• 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
Manglayatan University, Beswan,Aligarh(U.P)
![Page 10: rbi functions](https://reader036.fdocuments.net/reader036/viewer/2022082916/54ce311d4a79591e0f8b49d7/html5/thumbnails/10.jpg)
Manglayatan University, Beswan,Aligarh(U.P)