Public Debt

Public Debt Management Agency

March 29, 2015

Public Debt Management Agency has been proposed to be set up by the Finance Minister in his budget 2015-16 speech. This separation of debt management from monetary policy is being seen as a watershed reform in the financial circles. Debt management role was performed by RBI. It...

Functions of Reserve Bank of India

April 23, 2011

The functions of the Reserve Bank of India can be divided into various heads discussed as below: RBI as Monetary Authority of India RBI works as the monetary authority of India and there by operates the monetary policy. Monetary policy refers to an umbrella of operations used...