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Regulators in Financial System
Regulators in Financial System
Regulators in Financial System
RBI
Functions of RBI
Note issuing authority, Governments banker, Banker's bank, Supervising authority, Regulator of money and credit
Both press have a combined capacity of 19.8 billion notes per year,
As per 2007-08 Balance Sheet of RBI total 6,12,323 cr. Notes are in circulation,
Governments banker
Maintain of current accounts of central and state government, Payment and collections, Lending to government under Ways and Means Advance Advisor to government,
Bankers Bank
Reserves with RBI in form of CRR and SLR, Issuing of licenses, Controlling over banking affairs, Banker of last resort,
Supervising Authority
RBI has a Board for Financial Supervision (BFS), This board supervise the affairs of commercial banks in public and private sector, NBFCs, Financial Institutions through CAMEL rating system,
C= capital adequacy, A= asset quality, M= management, E= earning, L= liquidity,
A banks health is evaluated on 1 to 5 rating where 1 refer as highest rating and 5 as lowest,
Bank rate,
Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR), Open Market Operation (OMO),
Financial Services ..