Functions of RBI

The functions of the Reserve Bank today can be categorised as follows:

  1. Monetary policy
  2. Regulation and supervision of the banking and non-banking financial institutions, including credit information companies.
  3. Regulation of money, forex and government securities markets as also certain financial derivatives.
  4. Debt and cash management for Central and State Governments.
  5. Management of foreign exchange reserves.
  6. Foreign exchange management—current and capital account management.
  7. Banker to banks
  8. Banker to the Central and State Governments
  9. Oversight of the payment and settlement systems
  10. Currency management
  11. Developmental role
  12. Research and statistics

(Visited 50 times, 1 visits today)