This slideshare contains information on RBI and its various departments
Size: 877.3 KB
Language: en
Added: Jul 17, 2019
Slides: 13 pages
Slide Content
Seal of RBI Reserve Bank of India Headquarters Mumbai , Maharashtra , India Coordinates 18.932679°N 72.836933°E Established 1 April 1935; 82 years ago Governor Urjit Patel [1] Central bank of Republic of India Currency Indian Rupee ( Rs ) Reserves $ 2609112,66,00,000 US$ 409.366 billion Bank rate 6.00% Interest on reserves 4.00%(market determined) Website rbi.org.in
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 1 April 1935 in accordance with the Reserve Bank of India Act, 1934 . The original share capital was divided into shares of 100 each fully paid, which were initially owned entirely by private shareholders. Following India's independence on 15 August 1947, the RBI was nationalised on 1 January 1949. The RBI plays an important part in the Development Strategy of the Government of India .
It is a member bank of the Asian Clearing Union . A central bank is a vital financial apex institution of an economy. The bank is a leading member of the Alliance for Financial Inclusion (AFI). The bank is often referred to by the name Mint Street . RBI is also known as banker's bank.
of RBI 23
BANKING DEPARTMENT. ISSUE DEPARTMENT. DEPARTMENT OF CRRENCY MANAGEMENT. DEPARTMENT EXPENDITURE & BUDGETARY CONTROL. DEPARTMENT OF GOVERNMENT & BANK A/Cs. EXCHANGE CONTROL DEPARTMENT. DEPARTMENT OF BANKING OPERATIONS & DEVELOPMENT. INDUSTRIAL CREDIT DEVELOPMENT. AGRICULTURAL CREDIT DEPARTMENT. RURAL PLANNING &CREDIT DEPARTMENT DEPARTMENT OF NON-BANKING COMPANIES. CREDIT PLANNING CELL. DEPARTMENT OF ECONOMIC ANALYSIS & POLICY. DEPARTMENT OF STATISTICAL ANALYSIS COMPUTER SERVICES. LEGAL DEPARTMENTS. INSPECTION DEPARTMENTS. DEPARTMENT OF ADMIRATION & PERSONNEL. PREMISES DEPARTMENT. MANAGEMENT SERVICES DEPARTMENTATION CENTRE: RESERVE BANK OF INDIA SERVICE BOARD. CENTRAL RECORDS & DOCUMENTATION CENTRE: SECRETARY’s DEPARTMENT. TRAINING ESTABLISHMENT.
BANKING DEPARTMENT. ISSUE DEPARTMENT. DEPARTMENT OF CRRENCY MANAGEMENT. DEPARTMENT EXPENDITURE & BUDGETARY CONTROL. DEPARTMENT OF GOVERNMENT & BANK A/Cs. EXCHANGE CONTROL DEPARTMENT.
DEPARTMENT OF BANKING OPERATIONS & DEVELOPMENT. INDUSTRIAL CREDIT DEVELOPMENT. AGRICULTURAL CREDIT DEPARTMENT. RURAL PLANNING &CREDIT DEPARTMENT DEPARTMENT OF NON-BANKING COMPANIES. CREDIT PLANNING CELL.
DEPARTMENT OF ECONOMIC ANALYSIS & POLICY. DEPARTMENT OF STATISTICAL ANALYSIS COMPUTER SERVICES. LEGAL DEPARTMENTS. INSPECTION DEPARTMENTS. DEPARTMENT OF ADMIRATION & PERSONNEL. PREMISES DEPARTMENT.
MANAGEMENT SERVICES DEPARTMENTATION CENTRE: RESERVE BANK OF INDIA SERVICE BOARD. CENTRAL RECORDS & DOCUMENTATION CENTRE: SECRETARY’s DEPARTMENT. TRAINING ESTABLISHMENT.
CONCLUSION 1. Every authority concerned with Co-operative sector will have to play its part in ensuring that the aspirations of the Urban Co-operative Banking sector are nurtured in a manner that depositor interest and the public interest at large is protected. 2. The role of RBI could, thus, be to frame a regulatory and supervisory regime that is multi-layered to capture the heterogeneity of the sector and implement policies that would provide adequate elbowroom for the sector to grow in a non-disruptive manner. 3. The State and Central Governments could recognize that the UCBs are not just co-operative societies but they are essentially banking entities whose management structure is that of a co-operative. They should recognize the systemic impact that inefficient functioning of the entities in the sector could have. 4. Consequently, it would be in the interest of the sector if they support, facilitate and empower the RBI to put in place mechanisms and systems that would enable these UCBs to perform their banking functions in a manner that is in the overall interest of the depositor and the public at large.