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Reserve Bank of India

Bank Name In Localभारतीय रिज़र्व बैंक
Image 1Reserve Bank of India Logo.svg
Image Width 1150
Image Title 1Logo of RBI
Image 2RBI-Tower.jpg
Image Width 2150
Image Title 2The RBI headquarters in Mumbai
Coordinates 
HeadquartersMumbai, Maharashtra
Established1 April 1935
PresidentDuvvuri Subbarao
Leader TitleGovernor
Bank OfIndia
CurrencyIndian Rupee
Currency IsoINR  
ReservesUS$300.21 billion (2010)
Borrowing Rate7.25%
Deposit Rate6.25%

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The Reserve Bank of India (RBI, ) is the central banking institution of India and controls the monetary policy of the rupee as well as US$300.21 billion (2010) of currency reserves. The institution was established on 1 April 1935 during the British Raj in accordance with the provisions of the Reserve Bank of India Act, 1934 and plays an important part in the development strategy of the government. It is a member bank of the Asian Clearing Union.

Reserve Bank of India Video

The ad shot extensively all over India attempts to educate the Indian population especially the masses that they should start the habit of checking a bank note before any transaction. It derives on the Unique Indian insight where we Inspect and scrutinize any object before buying it, so why not the currency notes.
1.07 min. | 4.89 user rating
People Are Getting Ready To Collect Interest from Banksters: youtu.be "United States Nears Hyperinflationary Great Depression" 2011 Hyperinflation: www.shadowstats.com "Prerequisites to the crisis unfolding include: the Federal Reserve moving to monetize US Treasury debt; the US dollar losing its traditional safe-haven status; the US dollar losing its reserve status; the federal budget deficit and Treasury funding needs spiraling out of control. The Fed moved to monetize Treasury debt in November 2010. A much-diminished US dollar safe-haven status has become evident in early March 2011, along with serious calls for a new global reserve currency. The economy is not in recovery and should display significant new weakness in the months ahead, with severely expansive implications for the federal deficit, Treasury funding needs and requisite Fed monetization of debt." www.shadowstats.com JUST TO BE CLEAR, I SERVE GOD NOT MONEY: ALL THE MONEY IN THE WORLD HAS NO VALUE AFTER DEATH, AND IS THE CAUSE OF MUCH GRIEF WHILE YOU ARE YET STILL ALIVE: Luke 16:11 " If therefore you have not been faithful in the unrighteous mammon, who will commit to your trust the true riches?" Matthew 6:24 " No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon." Matthew 16:26"For what is a man profited, if he shall gain the whole world, and lose his own soul? or what shall a man give in <b>...</b>
3.58 min. | 4.53 user rating
Obamas Financial Regulatory Reform Plan is Nothing of the Sort Kurt Nimmo Infowars June 17, 2009Obamas misnamed Financial Regulatory Reform Plan is a brazen attempt by the bankers to consolidate their power. www.infowars.com Obamas plan will be run out of the Treasury under former New York Fed Grand Poobah Timothy Geithner. Obama â or rather, the bankers who own Obama â has devised something called a Financial Services Oversight Council to be chaired by the bankster dominated Treasury Department. This uber-council would call the shots for every financial firm in the country and supposedly refer emerging risks to the attention of regulators with the authority to respond, even as Obama plans to call for the US Office of Thrift Supervision to close under the direction of the Federal Reserve. Instead of independent bank regulators, Obama proposes a National Bank Supervisor who would have separate status within Treasury and be led by a single executive, according to Clusterstock. The NBS czar would occupy a centralized post in enemy territory and take over the prudential responsibilities of the Office of the Comptroller of the Currency, which currently charters and supervises nationally chartered banks and federal branches and agencies of foreign banks.
10.98 min. | 4.97 user rating
New Delhi: Speak Asia COO Tarak Bajpai was detained by the Economic Offenses Wing of the Mumbai police for questioning on Friday. The online survey company hit controversy in a multi-crore scam. The move comes just two days after CID froze the online survey company's bank accounts. Bajpai, who is the most prominent face of the online survey company's India operations will be flown from Indore to Mumbai. Speak Asia is being investigated for a multi-level fraud. FIRs and PILs have been filed against it. The company has maintained that it collects money only for its online magazine and that the survey is just a benefit. Speaking to CNN-IBN, Kirit Somaiya said that three other officials of speak Asia are likely to be arrested soon. "Pranab Mukherjee had assured me that strong action would be done at the initial stage so that such frauds do not go on. Hope Pranab Mukherjee gives some assurance in Parliament this session," he said. Who is Tarak Bajpai? Tarak Bajpai is the face of Speak Asia's India operations. He mainly handled training, communication with members and hosted the retreat for Speak Asia investors in Goa this year. The Singapore-based company Speak Asia, which is yet to be incorporated as a company in India, would be inspected under section 591 of the Companies Act, which is applicable on companies incorporated outside India and has established a place of business within the country, sources said. The company charges a membership fee is Rs 11000 for a year. The <b>...</b>
0.42 min. | 2.33 user rating
The Reserve Bank of India (RBI) is likely to notify new rules on Multi-Level Marketing (MLM) companies shortly, reports CNBC-TV18 quoting sources. The MLM companies are likely to come under a regulatory framework soon. The Ministry of Corporate Affairs (MCA) and RBI are working together to frame the rules to supervise MLM firms. Sources say as per the norms, all MLM companies will have to register with the government. So far the government has been unable to probe companies registered aboard. Sources say societies and trusts will need to register for overseas fund transfers. The Serious Fraud Investigation Office (SFIO) has submitted its analysis on the MLM companies to MCA. According to the SFIO report most MLM companies operate via agents. The Ministry of Corporate Affairs (MCA) has ordered a probe into market research agency Speak Asia after media reports unearthed shady workings of the firm. Speak Asia has been under the scanner for alleged using false high profile client names to benefit itself. There were reports that during a trade fair in Goa, Speak Asia's marketing team had claimed that ICICI, ING Vysya, Bata, Airtel and Nestle were its clients. However, it was later reported in some sections of the media that the companies denied having any business connections with the firm. "We have interacted and worked with these companies. But we have not provided any commissioned services to them," Speak Asia India's Chief Executive Officer (CEO) Manoj Kumar, told <b>...</b>
1.90 min. | 5.0 user rating
aruninte.blogspot.com presents RESERVE BANK OF INDIA (NOTE REFUND) RULES, 1975(amended up to 1980) This video shows what type of notes will be refunded by Reserve Bank of India.
1.17 min. | 5.0 user rating
Obamas Financial Regulatory Reform Plan is Nothing of the Sort Kurt Nimmo Infowars June 17, 2009Obamas misnamed Financial Regulatory Reform Plan is a brazen attempt by the bankers to consolidate their power. www.infowars.com Obamas plan will be run out of the Treasury under former New York Fed Grand Poobah Timothy Geithner. Obama â or rather, the bankers who own Obama â has devised something called a Financial Services Oversight Council to be chaired by the bankster dominated Treasury Department. This uber-council would call the shots for every financial firm in the country and supposedly refer emerging risks to the attention of regulators with the authority to respond, even as Obama plans to call for the US Office of Thrift Supervision to close under the direction of the Federal Reserve. Instead of independent bank regulators, Obama proposes a National Bank Supervisor who would have separate status within Treasury and be led by a single executive, according to Clusterstock. The NBS czar would occupy a centralized post in enemy territory and take over the prudential responsibilities of the Office of the Comptroller of the Currency, which currently charters and supervises nationally chartered banks and federal branches and agencies of foreign banks.
6.63 min. | 4.96 user rating
Jim Puplava talks to John Loeffler about dollar devaluation and bank holiday , dead cat bounce , fed exit strategy , funding crisis , Dubai , Greece , money printing , Niall Ferguson , stagflation , financial crisis for the summer of 2010 , military power recorded on December 12th 2009
8.62 min. | 4.80 user rating
TV9 - 150 RUPEE COIN COMING SOON : INCOME TAX DEPT OF INDIA CONFIRMS...........! For the first time in India a currency coin of Rs. 150 is issued by Reserve Bank of India. On the occasion of the 150th anniversary year of Gurudev Rabindranath Tagore, the Government of India has issued this valuable coin.According to Suresh Shukla-marketing executive of State Bank of India, the Rs 150 is issued under special series of coins.This coin is 40 mm in diameter and it weighs about 35 grams.
1.75 min. | 5.0 user rating
RBI PSA English - 60 sec
1.17 min. | 5.0 user rating

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Shaky Indian shares set to fall in Oct; ICICI drops - Reuters Tweet this news
Reuters--With expectations for an interest rate increase on Tuesday when the -Reserve Bank of India- (RBI) reviews policy, investors were mostly either unwinding long ... - Date : Fri, 29 Oct 2010 06:14:11 GMT+00:00
RBI seen raising rates for 6th time - Economic Times Tweet this news
Economic Times--MUMBAI:The -Reserve Bank of India- is expected to raise interest rates for the sixth time this year on Tuesday to battle stubborn inflation that remains well ... - Date : Fri, 29 Oct 2010 05:11:58 GMT+00:00
India's Major Microlending Crisis - Wall Street Journal Tweet this news
Wall Street Journal---...- All-India Democratic Women's Association (AIDWA) and their supporters hold placards protest in front of the -Reserve Bank of India- (RBI) on October 13, ... - Date : Fri, 29 Oct 2010 04:52:44 GMT+00:00
Market recovers from the day's low as RIL rebounds - India Infoline.com Tweet this news
India Infoline.com---Reserve Bank of India- deputy governor Subir Gokarn on Tuesday, 26 October 2010, called high food prices a structural problem and warned rising prices would ... - Date : Fri, 29 Oct 2010 05:38:47 GMT+00:00
Reserve Bank should reschedule its monetary policy reviews - Livemint Tweet this news
Livemint--The -Reserve Bank of India's- (RBI) second quarter review of monetary policy will be unveiled on 2 November. On 2-3 November, the federal open market ... - Date : Thu, 28 Oct 2010 18:02:39 GMT+00:00
RBI concerned about capital inflows - American Chronicle Tweet this news
American Chronicle--Oct. 28---Reserve Bank of India- (RBI) governor D. Subbarao on Wednesday reiterated his concerns about "lumpy and ... - Date : Thu, 28 Oct 2010 09:54:50 GMT+00:00
Evolution of selective credit control - Economic Times Tweet this news
Economic Times--The -Reserve Bank of India- was vested with powers to resort to selective credit controls as early as in 1949. However, it did not use this tool for quite ... - Date : Fri, 29 Oct 2010 01:47:21 GMT+00:00
Bonds yields a tad down on core sector data - Economic Times Tweet this news
Economic Times--So this could mean a pause this time," said a dealer at a foreign bank. * The -Reserve Bank of India- (RBI) is likely to raise rates for the sixth time this ... - Date : Fri, 29 Oct 2010 04:39:39 GMT+00:00
Market seen extending three-day slide on weak Asian stocks - India Infoline.com Tweet this news
India Infoline.com---Reserve Bank of India- deputy governor Subir Gokarn on Tuesday, 26 October 2010, called high food prices a structural problem and warned rising prices would ... - Date : Fri, 29 Oct 2010 03:33:44 GMT+00:00

Policy rates, Reserve ratios, lending, and deposit rates as on 16 June, 2011
Related functions :
Bank Rate
Repo Rate 7.50%
Reverse Repo Rate 6.50%
Cash Reserve Ratio (CRR) 6.0%
Statutory Liquidity Ratio (SLR) 24.0%
Base Rate 9.25%/10.00%
Savings Bank Rate 4%
Deposit Rate 7.75% - 9.10%

IN Banking in India

Central bankReserve Bank of India
Nationalised banksAllahabad Bank * Andhra Bank * Bank of Baroda * Bank of India * Bank of Maharashtra * Canara Bank * Central Bank of India * Corporation Bank * Dena Bank * IDBI Bank * Indian Bank * Indian Overseas Bank * Oriental Bank of Commerce * Punjab & Sind Bank * Punjab National Bank * Syndicate Bank * UCO Bank * Union Bank of India * United Bank of India * Vijaya Bank
State Bank GroupState Bank of India * State Bank of Bikaner & Jaipur * State Bank of Hyderabad * State Bank of Indore * State Bank of Mysore * State Bank of Patiala * State Bank of Travancore
Private banksAxis Bank * Bank of Rajasthan * Bharat Overseas Bank * Catholic Syrian Bank * City Union Bank * Development Credit Bank * Dhanalakshmi Bank * Federal Bank * Ganesh Bank of Kurundwad * HDFC Bank * ICICI Bank * IndusInd Bank * ING Vysya Bank * Jammu & Kashmir Bank * Karnataka Bank Limited * Karur Vysya Bank * Kotak Mahindra Bank * Lakshmi Vilas Bank * Nainital Bank * Ratnakar Bank * Rupee Bank * Saraswat Bank * SBI Commercial and International Bank * South Indian Bank * Tamilnad Mercantile Bank Limited * Yes Bank
Foreign bankABN AMRO * Abu Dhabi Commercial Bank * Antwerp Diamond Bank * Arab Bangladesh Bank * Bank International Indonesia * Bank of America * Bank of Bahrain & Kuwait * Bank of Ceylon * Bank of Nova Scotia * Bank of Tokyo Mitsubishi UFJ * Barclays Bank * Citibank India * HSBC * Standard Chartered * Deutsche Bank * Royal Bank of Scotland
Regional Rural banksSouth Malabar Gramin Bank * North Malabar Gramin Bank * Pragathi Gramin Bank * Shreyas Gramin Bank
Financial ServicesReal Time Gross Settlement(RTGS) * National Electronic Fund Transfer (NEFT) * Structured Financial Messaging System (SFMS) * CashTree * Cashnet * Automated Teller Machine (ATM)

Economy of India topics

IndustriesAgriculture * Forestry * Livestock * Fishing * Mining * Automobile * Media
InstitutionsMinistry of Finance * Ministry of Commerce and Industry * Bombay * National Stock Exchanges * Reserve Bank of India (RBI) (Governors) * Securities and Exchange Board of India (SEBI) * Planning Commission of India
ListsGlossary * Banks * Companies * Government initiatives
EnergyNuclear * Solar * Wind
CategoriesAirlines * Banks * Companies * Finance ministers



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