General Knowledge - Indian Economy - Discussion

The Reserve Bank of India (RBI) is the central banking institution of India responsible for regulating the monetary policy and controlling the supply of money in the country. It acts as a banker to the government and other commercial banks, manages foreign exchange reserves, and supervises the financial system.

On the other hand, the Central Bank of India (CBI) is a commercial bank that provides various banking services to its customers, such as loans, deposits, and other financial products. It is one of the oldest and largest commercial banks in India, with a wide network of branches and ATMs across the country.

In summary, the RBI is the central bank of India responsible for regulating the monetary policy and controlling the supply of money, while the CBI is a commercial bank that provides various banking services to its customers.

So, RBI is the central bank of India while CBI can't be the RBI.

RBI is the regulatory body of money supply of India but they does not totally care on the private sector banks you know that many private banks takes money from the market and go out from the market then public what will do every does know that private company gives more return than national bank so but government should be control on that. Thank you.

In India RBI is the central bank. RBI is the apex of the banking structure of India. RBI performs the functions of central bank like

i) Issuing of currency
ii) Act as bankers bank
iii) Act as banker, agent and advisor to government etc.

RBI is father of nationalized bank and also itself nationalized. it controls all the banks private or govt. banks.We can say that RBI is father and other banks are children of RBI. Father gives the order and sons accept its orders.

RBI is the central bank of India. So every function of India is performing by RBI.

It controls the monetary policy of the Indian rupee and it plays an important part in the Development Strategy of the Government of India.

RBI is the guardian of all banking systems. It regulates the lending policy, Repo rate, Reverse Repo rate, controlls all activities of the financial institutions of the country, maintains reserve for all transactions.

RBI is the bank who control all the bank and operate them according to his rules and regulation. All bank take money from RBI that is case reserve ratio so that is why RBI is the apex bank and father of all bank.

Exchange rate is nothing but dealing with foreign currency that means converting the domestic currency into foreign currency while deals payment and receiving the money value from foreign country.

There is the only one bank which conduct and control over all banks such as example as like Punjab National Bank, so anyhow no doubt that all bank function and activities are performed by RBI.

RBI does not only regulate the rules for all nationalised banks but also it leads India infront of other countries. This is the bank which transacts with the foriegn behalf of India govt.