The Reserve Bank of India (RBI) is India's central banking institution that controls monetary policy and ensures price stability. It was established in 1935 and nationalized in 1949. The RBI has 23 departments that handle functions like banking operations, monetary policy, government accounts, rural/agricultural credit, and economic analysis. It aims to protect depositor interests and public interests through regulatory frameworks while allowing sectors like cooperative banking to grow in a stable manner.

2. Seal of RBI Reserve Bank of India
Headquarters Mumbai, Maharashtra, India
Coordinates 18.932679°N 72.836933°E
Established 1 April 1935; 82 years ago
Governor Urjit Patel
[1]
Central bank of Republic of India
Currency Indian Rupee (Rs)
Reserves $ 2609112,66,00,000 US$ 409.366 billion
Bank rate 6.00%
Interest on reserves 4.00%(market determined)
Website rbi.org.in

3. •The Reserve Bank of India (RBI) is India's central banking institution,
which controls the monetary policy of the Indian rupee.
•It commenced its operations on 1 April 1935 in accordance with
the Reserve Bank of India Act, 1934.
•The original share capital was divided into shares of 100 each fully
paid, which were initially owned entirely by private shareholders.
•Following India's independence on 15 August 1947, the RBI was
nationalised on 1 January 1949.
•The RBI plays an important part in the Development Strategy of
the Government of India.

4. •It is a member bank of the Asian Clearing Union.
•A central bank is a vital financial apex institution of an economy.
•The bank is a leading member of the Alliance for Financial
Inclusion (AFI).
•The bank is often referred to by the name Mint Street.
•RBI is also known as banker's bank.

5. of RBI
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3

6. 1. BANKING DEPARTMENT.
2. ISSUE DEPARTMENT.
3. DEPARTMENT OF CRRENCY MANAGEMENT.
4. DEPARTMENT EXPENDITURE & BUDGETARY CONTROL.
5. DEPARTMENT OF GOVERNMENT & BANK A/Cs.
6. EXCHANGE CONTROL DEPARTMENT.
7. DEPARTMENT OF BANKING OPERATIONS & DEVELOPMENT.
8. INDUSTRIAL CREDIT DEVELOPMENT.
9. AGRICULTURAL CREDIT DEPARTMENT.
10. RURAL PLANNING &CREDIT DEPARTMENT
11. DEPARTMENT OF NON-BANKING COMPANIES.
12. CREDIT PLANNING CELL.
13. DEPARTMENT OF ECONOMIC ANALYSIS & POLICY.
14. DEPARTMENT OF STATISTICAL ANALYSIS COMPUTER SERVICES.
15. LEGAL DEPARTMENTS.
16. INSPECTION DEPARTMENTS.
17. DEPARTMENT OF ADMIRATION & PERSONNEL.
18. PREMISES DEPARTMENT.
19. MANAGEMENT SERVICES DEPARTMENTATION CENTRE:
20. RESERVE BANK OF INDIA SERVICE BOARD.
21. CENTRAL RECORDS & DOCUMENTATION CENTRE:
22. SECRETARY’s DEPARTMENT.
23. TRAINING ESTABLISHMENT.

7. 1. BANKING DEPARTMENT.
2. ISSUE DEPARTMENT.
3. DEPARTMENT OF CRRENCY MANAGEMENT.
4. DEPARTMENT EXPENDITURE & BUDGETARY CONTROL.
5. DEPARTMENT OF GOVERNMENT & BANK A/Cs.
6. EXCHANGE CONTROL DEPARTMENT.

8. 1. DEPARTMENT OF BANKING OPERATIONS & DEVELOPMENT.
2. INDUSTRIAL CREDIT DEVELOPMENT.
3. AGRICULTURAL CREDIT DEPARTMENT.
4. RURAL PLANNING &CREDIT DEPARTMENT
5. DEPARTMENT OF NON-BANKING COMPANIES.
6. CREDIT PLANNING CELL.

9. 1. DEPARTMENT OF ECONOMIC ANALYSIS & POLICY.
2. DEPARTMENT OF STATISTICAL ANALYSIS COMPUTER SERVICES.
3. LEGAL DEPARTMENTS.
4. INSPECTION DEPARTMENTS.
5. DEPARTMENT OF ADMIRATION & PERSONNEL.
6. PREMISES DEPARTMENT.

10. 1. MANAGEMENT SERVICES DEPARTMENTATION CENTRE:
2. RESERVE BANK OF INDIA SERVICE BOARD.
3. CENTRAL RECORDS & DOCUMENTATION CENTRE:
4. SECRETARY’s DEPARTMENT.
5. TRAINING ESTABLISHMENT.

11. CONCLUSION
1. Every authority concerned with Co-operative sector will have to play its part in ensuring
that the aspirations of the Urban Co-operative Banking sector are nurtured in a manner that
depositor interest and the public interest at large is protected.
2. The role of RBI could, thus, be to frame a regulatory and supervisory regime that is multi-
layered to capture the heterogeneity of the sector and implement policies that would provide
adequate elbowroom for the sector to grow in a non-disruptive manner.
3. The State and Central Governments could recognize that the UCBs are not just co-
operative societies but they are essentially banking entities whose management structure is
that of a co-operative. They should recognize the systemic impact that inefficient functioning
of the entities in the sector could have.
4. Consequently, it would be in the interest of the sector if they support, facilitate and
empower the RBI to put in place mechanisms and systems that would enable these UCBs to
perform their banking functions in a manner that is in the overall interest of the depositor
and the public at large.

12. BIBLIOGRAPHY
• https://en.wikipedia.org/wiki/Reserve_Bank_of_India
• http://www.yourarticlelibrary.com/banking/reserve-
bank/23-departments-of-the-reserve-bank-of-india/26360

13. Thank You.
T.Y.BBI - A
Alisha Shamim – 50