Agency Functions Of Central Bank Of India

What are the functions that are performed by the Central Bank of India ??Also tell me about the services offered by Central Bank Of India

[Arun Vats]

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries.

The Various Services of Central Bank of India

For Deposit Facilities services are
Cent Uttam type Scheme
Tax Saving Deposit
MIDR- Monthly Interest Deposit Receipt
MMDC- Money Multiplier Deposit Certificate
QIDR- Quarterly interest Deposit Receipt
Coverage for Personal Accident and Recurring Deposit
Cent Bachat Khata

Other Kinds of Services:
Cash management services
Travelers Cheque
Cent Bill pay
Special services
Gift Cheques
Mutual Funds
Depository Service

E-payment Services:
West Bengal State Govt Tax
Online Bill Payment
Collection of Direct taxed
Service Tax Payments
DGFT Online E-payment

Functions which are performed by of Central Bank of India
1. Note Issue:
2. Banker's Bank:
3. The Central Bank:
4. Banker to the Government:
5. Custodian of Foreign Exchange Reserves:
6. Regulation of Exchange Rate:
7. Credit Control:
8. Other Functions:
If you want the info in details than I am here attaching a file

FUNCTIONS OF CENTRAL BANK OF INDIA