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I take it you mean the Reserve Bank of India.
* Barring the emergence of any adverse and unexpected developments in various sectors of the economy, assuming that capital flows are effectively managed, and keeping in view the current assessment of the economy including the outlook for growth and inflation, the overall stance of monetary policy in 2008-09 will broadly continue to be: *
** To ensure a monetary and interest rate environment that accords high priority to price stability, well-anchored inflation expectations and orderly conditions in financial markets while being conducive to continuation of the growth momentum. **
* To respond swiftly on a continuing basis to the evolving constellation of adverse international developments and to the domestic situation impinging on inflation expectations, financial stability and growth momentum, with both conventional and unconventional measures, as appropriate. *
* To emphasise credit quality as well as credit delivery, in particular, for employment-intensive sectors, while pursuing financial inclusion. * (Taken from the RBI's Policy document.)
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What is the role of rbi in banking?
government securities
What is the role of SBI in RBI?
State Bank of India (SBI) is the largest nationalized bank in India but it does not perform any role when it comes to Reserve Bank of India (RBI). The RBI is an independent entity that takes policy decisions with respect to Banking in India and SBI along with all other banks in India have to adhere to the guidelines set up by RBI.
Discuss the role of RBI in money market?
to keep liquidity in financial markets
Why did RBI have to change its role from controller to facilitator of financial sector in India during 1991?
It is in tune with the policy of the government. Even now the role of the RBI has not changed from controller of the entities it regulates. What has changed is the policies of reserve bank of India which are based on terms of liberalisation proposed by the government,
What 's the role of RBI in multi state credit cooperative society act 2002?
Mscs/cr/526/2012
Who was the Rbi's first governor?
Sir Osborne smith was the first RBI governor but the first Indian rbi governor was C.D.Deshmukh who was the third rbi governor
How do banks function?
Banks play a vital role to keep the flow of money in the economy in a controlled manner following the guidelines of RBI.
WHERE IS RBI SITUATED?
the RBI is situated in New Delhi
Is it 7 RBI or 7 RBI's?
Formally, since RBI stands for "runs batted in" it should be "seven RBI". However, in virtually universal usage, RBI is treated as a singular noun and therefore seven of them would be "seven RBIs".
How does RBI work?
An RBI works like this, if a batter hit the ball, no matter in what situation ( besides getting out with 2 outs) and if they get out or not but they get a run in, it is an RBI. An RBI stands for runs batted in.
How many RBI's did Roberto Clemente have?
1,305 RBI's in his career.
Who is the chairman of rbi?
Dr. YV Reddy is the Governor of the RBI
