The concepts of controlled expansion and tight monetary policy represent two contrasting approaches to managing a nation’s money supply, credit flow, and overall economic activity. Both are fundamental...
The Urban Cooperative Banks have to obtain a license from the Reserve Bank for doing banking business. The unlicensed primary (urban) co-operative banks can continue to carry on...
Foreign Banks are banks that are incorporated in a foreign country but operate in India through branch offices or wholly-owned subsidiaries. They bring global banking practices and foreign...
One of the most important functions of RBI is to work as regulator and supervisor of financial system. The financial system in India includes Commercial Banks, Regional Rural...
The Reserve Bank of India (RBI), as the central bank of the country, performs several crucial functions to ensure monetary stability and the smooth functioning of the financial...
Ways and Means Advances (WMA) refer to the temporary credit facility provided by the Reserve Bank of India (RBI) to both the Central and State Governments to meet...
In 1935, Reserve Bank of India, on its inception became the Banker and Debt Manager to the Government and this is a very important function. As per the Reserve...
The Minimum Reserve System (MRS) is a monetary framework used by central banks, particularly in India, to issue currency notes while maintaining a minimum reserve of assets such...
The Proportional Reserve System (PRS) is a monetary framework that requires a fixed proportion of a country’s total currency in circulation to be backed by specified reserves, typically...
