#1
26th August 2015, 03:42 PM
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Reserve Bank Of India As Central Bank
Hello I am Pari , can you please tell me what are the functions performed by Reserve Bank of India that it treated as a central bank of India???
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#2
26th November 2015, 02:30 PM
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Re: Reserve Bank Of India As Central Bank
I want to get information about the Reserve Bank of India as Central Bank. So here can you provide me information about the Reserve Bank of India as Central Bank?
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#3
26th November 2015, 02:32 PM
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Re: Reserve Bank Of India As Central Bank
Here I wanna tell you about the Reserve Bank of India as Central Bank as you want. The Reserve Bank of India is the central bank of the country. The Reserve Bank of India is India's central banking institution, which is controls the monetary policy of the Indian rupee. The Reserve Bank of India was set up on the basis of recommendations of the Hilton Young Commission. The Reserve Bank of India is the central bank of the country entrusted with monetary stability, the management of currency and the supervision of the financial as well as the payments system. The Bank was constituted to Regulate the issue of banknotes To operate the credit and currency system of the country to its advantage. Maintain reserves with a view to securing monetary stability and Here I am telling you about the Rates and Ratios as you want; Policy Rates, Reserve Ratios, Lending and Deposit Rates as of 29 September 2015 Bank Rate 7.75% Repo Rate 6.75% Reverse Repo Rate 5.75% Cash Reserve Ratio (CRR) 4% Statutory Liquidity Ratio (SLR) 21.50% Base Rate 9.70%–10.00% Savings Deposit Rate 4% Term Deposit Rate 7.25%–8.00% |
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