1. Financial Markets &
Intermediaries
Reserve Bank of India
• Functions & Role
• Organization
• Management
Presented By, Binto Mathachan

2. Role of RBI
 Issuing Currency Note (Currency
Authority)
 Banker to government
 Banker’s bank cum supervisor
 Monetary regulation and management
 Exchange management and control
 Collection of data and publication

3. Reserve Bank Of India(RBI)
 Apex financial system of the nation’s
monetary system
 RBI-India’s central bank-established 1st
April 1935 under RBI Act 1934
 Central office at Mumbai (Initially
established in Kolkata)
 Present Governor Raghuram Govinda
Rajan

4. Cntn
 Miscellaneous development &
promotional activities
 Agricultural finance
 Industrial Finance
 Export Finance
 Credit Control function
◦ Qualitative Functions
◦ Quantitative Functions (Bank Rate ,
SLR,CRR etc.)

5. Main Functions of RBI
RBI carries all typical functions along with
variety of developmental and promotional
functions to perform their roles
 To formulate ,implement and monitor
monetary policy
 To setting up of parameters for banking
operations
 To facilitate and promote orderly
development of foreign exchange market in
India
 To issue and exchange or destroy currency
and coins not fit for circulation

6. Cntn
 To provide a wide range of
promotional functions to support
national objectives
 To perform merchant banking
functions for the central and state
government
 To maintain banking accounts of all
scheduled banks

7. Organizational Structure of
RBI
RBI is a corporate body , where
Ministry of Finance owns directive rights
. Managed by Central Board of Directors
and four local boards of directors

8. Organizational Structure of RBI

9. Organization and Management of
RBI
 Central Board – Appointed / Nominated by central
government for a period of 4 years – Should meet
at least 6 times in an year and once in 3 months
Official Directors - Governor and not more than 4
deputy directors
Non official Directors – 15 in number . Ten
director from various fields and one government
official are nominated by government and 4
directors from 4 local boards
• Local Boards – 4 Local board region ( Mumbai,
Kolkata, Chennai, New Delhi consist of 5 members
appointed by central government for a period of 4
years

10. Organization of RBI
 Central office Department – 22 Regional offices , most of
them in state capitals
 Training Establishment – 6 Training establishments
 College of Agricultural Banking
 Banker’s Training College
 RBI Staff College
 National Institute for bank management
 Indira Gandhi Institute for Development
Research(IGIDR)
 Institute for Development and Research in Banking
Technology (IDRBT)