Functions of rbi: As the custodian of the

As the custodian of the country’s economic and financial stability, it plays a crucial role in India’s economic development and smooth functioning of the entire banking sector. This article aims to study in detail the Reserve Bank of India (RBI), its origin, evolution, structure, functions, and more. This question is for testing whether you are a human visitor and to prevent automated spam submission. What code is in the image? Your support ID is: 4427249776982130710 . Preamble The Preamble of the Reserve Bank of India describes the basic functions of the Reserve Bank as: "to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly complex economy, to maintain price stability while keeping in mind the objective of growth." Reserve Bank of IndiaRegulator and Supervisor of the Financial System: Prescribes broad parameters of banking operations within which the country's banking and financial system functions such as issuing licenses, branch expansion, liquidity of assets, amalgamation of banks etc. Objective: maintain public confidence in the system, protect depositors' interest and provide cost-effective banking services such as commercial banking, co-operative banking, to the public. Manager of Foreign ...