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Central Bank. India. Reserve Bank of India-Rupee(INR). Central Banks & Currencies. Reserve Bank of Australia- Australian Dollar(AUD) Hong Kong Monetary authority-Hong Kong dollar(HKD) Bank of Japan-Yen(JPY) Nepal Rashtra Bank-Rupee(NPR) State Bank of Pakistan-Rupee(PKR)

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india
India

Reserve Bank of India-Rupee(INR)

central banks currencies
Central Banks & Currencies
  • Reserve Bank of Australia- Australian Dollar(AUD)
  • Hong Kong Monetary authority-Hong Kong dollar(HKD)
  • Bank of Japan-Yen(JPY)
  • Nepal Rashtra Bank-Rupee(NPR)
  • State Bank of Pakistan-Rupee(PKR)
  • Swiss National Bank-Swiss Franc(CHF)
slide4

Bank of England-Pound(GBP)

  • Federal Reserve Bank-Dollar(USD)
  • Bank of Canada-Dollar(CAD)
  • Bank of Iraq-Dinar(IQD)
banking in india
Banking In India

During East India Company there were three Presidency banks

  • Bank of Bengal
  • Bank of Bombay
  • Bank of Madras

In 1921 ,these three banks merged and Imperial bank of India came into existence.

slide6
RBI
  • In 1934, The Reserve Bank of India was set up on the basis of the recommendations of the Hilton Young Commission.
  • Also known as royal commission on Indian Currency and Finance
division
Division
  • Burma (Myanmar)
  • Pakistan
mohur
Mohur
  • The original choice for the seal of RBI was The East India Company Double Mohur, with the sketch of the Lion and Palm Tree
  • It was decided to replace the lion with the tiger, the national animal of India.
governor
Governor
  • The first governor of RBI was Sir Osborne Smith
  • The first Indian governor was CD Deshmukh
  • Manmohan Singh is the only Prime Minister who also was a Governor of RBI.
  • Current Governor is RaghuramRajan.
headquarter offices
Headquarter & Offices
  • At first RBI’s main office was located in Kolkata.
  • It was moved to Mumbai.
  • It has four zonal offices and about 22 regional offices.
  • It also runs two training colleges-Reserve Bank Staff College at Chennai and College of Agricultural Banking at Pune.
functions of rbi
Functions of RBI
  • It is solely responsible for creating notes of all domination.
  • It acts as a central bank for the other commercial banks.
  • It also helps in interbank fund transfer. It is the main monetary authority of India.
  • It regulates the credit and currency system in India.
  • It maintains public confidence in the banks, protects depositors interest and provides cost-effective banking services to the public.
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