TRANSACTION :
TRANSACTION
BRIEF HISTORY & INTRODUCTION :
BRIEF HISTORY & INTRODUCTION
Preamble :
Preamble The preamble of Reserve Bank Of India describes the basis function of RBI as
“ to regulate the issue of bank notes & keeping of reserves with a view to securing monetary stability in India & generally to operate the currency & credit system of the country to its advantage.”
Main Functions of RBI :
Main Functions of RBI Bank of issue
Banker to Government
Bankers Bank & Lender of Last Resort
Controller of credit
Custodian of foreign reserves
Promotional functions
ROLE OF RBI :
ROLE OF RBI IN CONTROLLING INFLATION, DEFLATION OR RECESSION
Other Financial Terms Associated :
Other Financial Terms Associated Bank Rate (6%)
Cash Reserve Ratio (5%)
Repo Rate (4.75%)
Statutory Liquidity Ratio (SLR-24%)
Reverse Repo Rate (3.25%)
Slide 10:
ANY QUESTIONS ?