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Functions and Powers of RBI Explained by Sneha M is a document available to read on EtoBox.

The Reserve Bank of India (RBI) is the central banking institution of India, established to ensure monetary stability, promote economic growth, and maintain financial stability. Its key functions include issuing currency, acting as a banker to the government and banks, controlling credit, managing foreign reserves, and regulating non-banking financial companies (NBFCs). The RBI also plays a promotional role by fostering financial development and inclusion, supporting various sectors, and ensuring compliance

Author

Sneha M

Language

EN