What Are The Functions Of Rbi?
The functions of Reserve Bank of India (RBI) cab be broadly classified into to as follows: 1) Monetary Functions: a) Bank of Note Issue b) Currency Chest c) Banker to Government d) Bankers Bank e) Lender of the Last Resort f) Banker, Agent & Adviser to the Government g) Custodian of the Cash Reserves of Commercial Banks h) Custodian of Foreign Balances of the Country i) Controller of Credit 2) Non-Monetary Functions: a) Supervisory Functions b) Promotional Functions
