RBI Monetary policy is a process of using the instruments of monetary policy by which the Reserve Bank of India maintains the market stability and economic growth of the nation by controlling the inflation rate, interest rate, and overall supply of money that is available to the nation’s banks, its consumers, and its businesses. The […]
Function of RBI is defined as structured and organized expression, guide lines, rules, or laws that define a relationship between one independent variable and many dependent variables. RBI that is central bank of India is an apex body of country enjoys supreme power along with sense of very important responsibilities. Reserve Bank of India plays […]
Central bank of India is RBI. Central bank of India is a regulatory institutional body of India. Reserve Bank of India is a central bank of India under jurisdiction of Ministry of Finance, Government of India. Reserve Bank of India is a solely Government owned body. History of RBI After the First World War there […]
What is Banking Regulation Act 1949? Banking Regulation Act, 1949 is legislation in India that regulates all banking institutions comes under RBI. Initially, the law was applicable only to banking companies. But, in 1965 it was amended to make it applicable to cooperative banks and to introduce other changes. Difference between RBI Act 1934 and BR Act 1949 […]
Reserve Bank of India Act, 1934 RBI Act 1934 is legislation in India under which the central bank of India that is Reserve Bank of India was formed and it defines the function of RBI What is Banking Regulation Act 1949? Banking Regulation Act, 1949 is legislation in India that regulates all banking institutions comes under […]
