2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
26th August 2015, 04:00 PM
Super Moderator
 
Join Date: May 2012
Re: Objectives of Central Bank of India

Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India. It is based in Mumbai which is the financial capital of india and capital city of state of Maharashtra
Here I am telling you the the functional Objectives of Central Bank of India
-To help ensure the monetary stability of India
-To assist in regulating the financial system of th country
-To formulate, implement and monitor the monetory policy
-To mainatin the liquidity in the country
-To ensure adequate flow of credits
-Prescribes parameters for banking in the countary
-Maintan public confidence in the system
-To manage the foreign exchange management act
-To facilitate external trade
-Issue and exchange currency
-Maintain supply of Currency
-Own and operate the depositort and exchange for government
-Banker to the government
  #3  
9th November 2015, 03:02 PM
Unregistered
Guest
 
Re: Objectives of Central Bank of India

Hi sir I am preparing for the interview section for the PO post of Central Bank of India so I want information about the Objectives, services and other modular information of Central Bank of India?
  #4  
9th November 2015, 03:02 PM
Super Moderator
 
Join Date: Apr 2013
Re: Objectives of Central Bank of India

Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India. It is based in Mumbai which is the financial capital of india and capital city of state of Maharashtra 1911

The objectives of the Central Bank of India are as follows:

- To help ensure the monetary stability of the country.
- To assist in regulating the financial system of the country,
- To formulate, implement and monitor the monetary policy.
- To maintain the liquidity in the country.
- To ensure adequate flow of credits.
- Prescribes parameters for banking in the country.
- Maintain public confidence in the system.
- To manage the foreign exchange Management Act.
- To facilitate external trade.
- Issue and exchange currency.
- Maintain supply of currency.
- Own and operate the depository and exchange for government bonds.
- Banker to the government

This bank provide following services like

Internet Banking
Online Account Opening
Tax Payments
Bill Payments
Investor Relation
NEFT / RTGS
Safe Online Banking Tips
Preventing Phishing
Attacks
Recovery Agents
Do not Call Registry
Online Bill Payment
Enforcement Agents
Online payment of donation to Prime Minister's National Relief Fund (PMNRF)
NPCI (IMPS)

Head office address

Central Bank of India
Chander Mukhi, Nariman Point
Mumbai – 400 021
Tel.: 022 – 6638 7777


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