Professional Documents
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ESTABLISHMENT OF RBI
Deputy Governor
Executive Directors
General Managers
Managers
Asstt Managers
Support staff
BRIEF HISTORY (1 OF 2)
Issuer of currency
Major stakes
National Bank
For Agriculture and Rural Development (N ABARD)
The reserve Bank of India has recently divested stake in State Bank
of India to the government of India
Related Functions
RBI also regulates the opening / installation of ATM
RBI regulates the opening of branches by banks
It ensures that all the N.B.F.C follow the KYC Guidelines
Fresh currency notes for ATM are supplied by RBI
Banker to the Government: Performs all banking function for
the central and state governments and also act as their banker
The reserve bank of India also regulates the trade of gold.
Currently 17 banks are involved in the trade of gold in India RBI
has invited applications from more banks for direct import of gold
to curb illegal trade in gold and increase competition in the market
It issues guidelines and directions for the commercial banks
At a Glance
Central bank plays important role in achieving economic growth
of a developing country
It promotes economic growth with stability
It helps in attaining full employment balance of
payment disequilibrium and in stabilizing exchange rate
RBI is an autonomous body promoted by the government of
India and is headquartered at Mumbai
RBI is an autonomous body promoted by the government of
India and is headquartered at Mumbai treasury foreign exchange
movements and is also the primary regulator for banking and
non- banking financial institutions
The RBI operates a number of government mints that
produce currency and coins