RESERVE BANK OF INDIA
(RBI)
Presented by:
Manisha
Khubchandani
OVERVEIW
RBI
RBI ACT 1934
Functions
Management board
Departments
publications
RESERVE BANK OF INDIA
Reserve bank of India It Is a regulatory and
authority board of India. It is the central
banking system in India and controls the
monetary policy of rupee.
RBI ACT 1934
RBI Act of 1934 established the reserve bank
as the banker to the government and set in
motion a series of actions culminating in the
start of operations in 1935 .
Since 1935, the reserve banks role and
functions have undergone numerous changes-
as the nature of the Indian economy has
charged.
Functions of RBI
Monetary authority
Issuer of currency
Banker and debt manager to government
Bankers to banks
Regulator of the banking system
Manager of forigen exchange
Regulator and supervisor of the payment and
settlement systems
Developmental role
Management of the Board
Official and non official directors
1 Governor
4 deputy governors, at a maximum
4 directors nominated by the central government to represent each local
board
10 directors nominated by the central government with expertise in
various segments of the economy
1 representative of central government
10 directors nominated by the central government with expertise in
various segments of the economy
1 representative of the central government
ORGANISATION STRUCTURE
DEPARTMENTS OF RBI
The RBI has various departments
26 departments : these focus on policy issues in the reserve
bank’s functional areas and internal operations.
26 regional offices and branches : these are the reserve bank’s
operational arms and customer interfaces headed by regional
directors .
Training centers : the reserve bank staff college at Chennai
adresses the training needs of rbi officers .
Developmental functions
departments of rbi (Contd…)
Training centers : college of agricultural banking
and pune trains staff of co-operative and
commercial banks, including regional rural
banks. The zonal training centers, located at
regional offices and, train non executive staff.
Research institute : RBI funded institutions to
advance training and research on banking issues,
economic growth and banking technology, such
as NIBM, IGIDR and IDRBT.
Departments of rbi (Contd…)
Subsidiaries : fully- owned subsidiaries
include national housing board (NHB), deposit
insurance and credit guarantee corporation
(DICGC), bharatiya reserve bank note mudran
private limited (BRBNMPL).
THE reserve bank also has a majority stake in
the national bank for agriculture and rural
development (NABARD).
RBI Publications 33
Publications produced on a regular
basis include:
Annual
Annual Report
Report on Currency and Finance
Report on Trend and Progress of
Banking in India
Handbook of Statistics on the Indian
Economy
State Finances: A Study of Budgets
Statistical Tables Relating to Banks in
India
Basic Statistical Returns of
Scheduled Commercial Banks in India
Quarterly
Macroeconomics and Monetary
Development
Occasional Papers
Quarterly Statistics on Deposits and
Credit of
Scheduled Commercial Banks
Monthly
RBI Bulletin
RBI Publications 3
Weekly
Weekly Statistical Supplement
Looking Ahead
Future plans include publishing a regular
report on
financial stability.
A Central Resource:
the RBI’s Data Warehouse
Enterprise-wide data warehouse
User-friendly, public access
via RBI web site,
www.dbie.rbi.org.in
Pre-formatted reports
Simple and advanced queries
Definitions of basic concepts
BIBLEOGRAPHY
www.dbei.rbi.org.in
www.google.co.in
Money Mantra
The Economics Times
