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    Suraj@1953 - Rbi

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    Sürãj Kûshwáhâ
    The document is a presentation about the objectives, role, and functions of the Reserve Bank of India (RBI). It was presented by Suraj, a student pursuing B-Com IV Sem with roll number 1953. The presentation covers the introduction of RBI, its history, role, objectives, and key functions. Some of the main points are that RBI was established in 1935, acts as the central bank and monetary authority of India, regulates the country's banking and financial system, issues currency, formulates monetary policy, and acts as a banker to both the government and other commercial banks.

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    © All Rights Reserved
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    Suraj@1953 - Rbi

    Uploaded by

    Sürãj Kûshwáhâ
    20 views16 pages
    The document is a presentation about the objectives, role, and functions of the Reserve Bank of India (RBI). It was presented by Suraj, a student pursuing B-Com IV Sem with roll number 1953. The presentation covers the introduction of RBI, its history, role, objectives, and key functions. Some of the main points are that RBI was established in 1935, acts as the central bank and monetary authority of India, regulates the country's banking and financial system, issues currency, formulates monetary policy, and acts as a banker to both the government and other commercial banks.

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    Role function and objectives of rbi

    Original Title

    SURAJ@1953 - RBI

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    The document is a presentation about the objectives, role, and functions of the Reserve Bank of India (RBI). It was presented by Suraj, a student pursuing B-Com IV Sem with roll number 1953. The presentation covers the introduction of RBI, its history, role, objectives, and key functions. Some of the main points are that RBI was established in 1935, acts as the central bank and monetary authority of India, regulates the country's banking and financial system, issues currency, formulates monetary policy, and acts as a banker to both the government and other commercial banks.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    20 views16 pages

    Suraj@1953 - Rbi

    Uploaded by

    Sürãj Kûshwáhâ
    The document is a presentation about the objectives, role, and functions of the Reserve Bank of India (RBI). It was presented by Suraj, a student pursuing B-Com IV Sem with roll number 1953. The presentation covers the introduction of RBI, its history, role, objectives, and key functions. Some of the main points are that RBI was established in 1935, acts as the central bank and monetary authority of India, regulates the country's banking and financial system, issues currency, formulates monetary policy, and acts as a banker to both the government and other commercial banks.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 16

    PRESENTED BY SURAJ

    B-COM IV SEM.
    ROLL NO- 1953

    OBJECTIVE, ROLE AND FUNCTIONS OF RBI

    B-COM
    SUBMITTED TO HOD, PG
    DEPARTMENTOF
    COMMERCE S.L. BAWA DAV
    COLLEGE, BATALA.
    INDEX
    S.NO DETAILS PAGE NO.
    1. INTRODUCTION OF RBI 1-1
    2. HISTORY OF RBI 2-2
    3. ROLE OF RBI 4-8
    4. OBJECTIVE OF RBI 9-9
    5. FUNCTION OF RBI 10-20

    SURA
    J
    INTRODUCTION OF RBI
    1.

     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:- SHAKTIKANTA DAS

    RBI HEAD QUARTER, MUMBAI SHAKTIKANTA DAS


    HISTORY OF RBI
    2.

     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 Smith”.
     The First Indian Governor was “Sir Chintaman Dwarkanath Deshmukh”.

    Sir
    Sir
    Chintaman
    Osborne
    Dwarkanath
    Smith
    Deshmukh
    ROLE OF RBI
    3.

    Central bank performs the different roles in different context.


     RBI as the Regulator of financial System
     RBI as the Issuer of Monetary Policy
     RBI as the Issuer of Currency
     RBI as the Controller and Supervisor of Banking System
    4. 1.RBI as the Regulator of financial System
    The RBI Regulates the Indian banking and financial system by issuing broad guidelines and
    instructions. The objectives of these regulations include:
     Controlling money supply in the system
     Monitoring different key indicators like GDP and Inflation.
     Maintaining people’s confidence in the banking and financial system
     Providing different tools for customers’ help, such as acting as the “Banking Ombudsman.”

    2. RBI as the Issuer of Monetary Policy


    The RBI formulates monetary policy twice a year. It reviews the policy every quarter as well. The
    main objectives of monitoring monetary policy are
     Inflation control
     Control on bank credit
     Interest rate control
    5. 3. RBI as the Issuer of Currency
     Section 22 of the RBI act gives authority to the RBI to issue currency notes.
     The RBI also takes action to control circulation of fake Currency

    4, RBI as the Controller & Supervisor Of Banking


    Systems
    The RBI has been assigned the role of controlling and supervising the bank system in India. The RBI is
    responsible for controlling operation of all banks in India. These banks may be:
     Public Sector Banks
     Private Sector Banks
     Foreign Banks
     Co-operative Banks
     Regional Rural Banks
    OBJECTIVE OF RBI
    6

     To manage the monetary and credit system of country


     To stabilizes Internal and external value of rupee.
     For balanced and systematic development of banking in the country.
     For the development of organized money market in the country.
     For proper arrangement of agriculture finance.
     For proper management of industrial finance.
     For proper management of public debts.
     To establish monetary relations with other countries of the world and international financial
    institutions.
     For centralization of cash reserves of commercial banks.
     To maintain balance between the demand and supply of currency.
    FUNCTIONS OF RBI
    7.

     Issue of currency.
     Banker to the Government
     Banker to the Bank
     Formulate monetary policy
     Financial Regulation & Management.
     Manager of foreign exchange
     Custodian of cash reserve
    ISSUE OF CURRENCY
    8.

     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 provide loans to
    commercial banks to maintain or improve the GDP.
    9. BANKER TO THE GOVERNMENT
    RBI acts as the banker to the central
    government and all state government as a
    banker, it does all the functions of a bank.

    BANKER TO THE BANK

    Being an apex bank RBI Acts as a Banker to


    all other commercial banks. It bears the same
    relationship with commercial bank as the
    latter maintain with the general public.
    10. Formulate monetary policy

     RBI is 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.
    11. Financial Regulation & Management.

     As the regulator and the supervisor of the banking system, the Reserve Bank has a critical role
    to play ensuring the system 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.
    12. 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 & Japanese Yen.
     OBJECTIVE: To Facilitate external trade and payment and promote orderly development and
    maintenance of foreign exchange market in India.
    13.
    CUSTODIAN OF CASH RESERVE
    Commercial banks has to keep some proportion of their deposits with central bank (Cash
    Reserve Ratio) in order to maintain their account in central bank.
    14.

    THANKS

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