
Explore how the Banking Regulation Act 1949 applies to all banks in India, including licensing, shareholding and voting restrictions, loan and interest limits, and inspections.
Trace the constitutional origins of the Reserve Bank of India, created by the RBI Act 1934 to regulate banknote issue and ensure monetary stability under government ownership.
Understand how the RBI issues and backs banknotes, with denominations up to ten thousand rupees and assets backing notes. Learn the hub-and-spoke currency distribution system.
Summarizes RBI act loans and advances to scheduled banks and state cooperative banks, and financial corporations, repayable on demand or within 90 days, secured by securities and eligible promissory notes.
Learn about cash reserve ratio (CRR): banks maintain a percentage of net demand and time liabilities with the Reserve Bank of India to ensure monetary stability; CRR is four percent.
Learn how the RBI uses repo rate, reverse repo, and bank rate to control short-term liquidity, inflation, and money supply by transacting with government securities as collateral.
Review the RBI's core roles in issuing currency, maintaining monetary stability, and regulating the credit system, including lender of last resort, banker to government, and currency management.
The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran(BRBNML) is one of the specialised divisions of RBI through which it prints & mints Indian currency notes(INR) in two of it's currency printing presses located in Nashik(Western India) and Dewas(Central India).
RBI established the National Payments Corporation of India as one of its specialised division to regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialised division for the purpose of providing insurance of deposits and guaranteeing of credit facilities to all Indian banks.
The course is useful for students,professionals who wish to enhance their knowledge about banking in india,reserve bank and their policies,Monetary policies in india,liquidity in india. The course is self explanatory.This course could be highly helpful for CA,CS ,CMA ,UPSC Students.This course could also be used by Banking professionals who wish to further strengthen their domain knowledge.