Chapter 1

Introduction
 What is bank ?
A bank is a financial institution that is licensed to accept checking and savings deposits and make loans. Banks also provide related

services such as individual retirement accounts (IRAs), certificates of deposit (CDs), currency exchange, and safe deposit boxes.

There are several types of banks including retail banks, commercial or corporate banks, and investment banks.

In the U.S., banks are regulated by the national government and by the individual states.

 Definition :

1. A bank is a financial institution licensed to receive deposits and make loans.

2. Banking is the business of protecting money for other.

3. Banking is a trade of accepting deposits and lending money.

 Understanding Banks:

Banks have existed since at least the 14th century. They provide a safe place for consumers and business owners to stow their cash and a
source of loans for personal purchases and business ventures. In turn, the banks use the cash that is deposited to make loans and collect
interest on them.

The basic business plan hasn't changed much since the Medici family started dabbling in banking during the Renaissance, but the range of
products that banks offer has grown.

 Basic Bank Services:

Banks offer various ways to stash your cash and various ways to borrow money.

1.Checking Accounts -

Checking accounts are deposits used by consumers and businesses to pay their bills and make cash withdrawals. They pay little or no
interest and typically come with monthly fees, usage fees, or both.

Today's consumers generally have their pay checks and any other regular payments automatically deposited in one of these accounts.

 Savings Accounts:

Savings accounts pay interest to the depositor. Depending on how long account holders hope to keep their money in the bank, they can
open a regular savings account that pays a little interest or a certificate of deposit (CD) that pays a little more interest. The CDs can earn
interest for as little as a few months or as long as five years or more.
It is important to note that the money in checking accounts, savings accounts, and CDs is insured up to a maximum of $250,000 by the
federal government through the Federal Deposit Insurance Corp.

 Loan Services:

Banks make loans to consumers and businesses. The cash that is deposited by their customers is lent out to other customers at a higher rate
of interest than the depositor is paid.

At the highest level, this is the process that keeps the economy humming. People deposit their money in banks; the bank lends the money
out in car loans, credit cards, mortgages, and business loans. The loan recipients spend the money they borrow, the bank earns interest on
the loans, and the process keeps money moving through the system.

Just like any other business, the goal of a bank is to earn a profit for its owners. For most banks, the owners are their shareholders. Banks
do this by charging more interest on the loans and other debt they issue to borrowers than they pay to people who use their savings vehicles.

For example, a bank may pay 1% interest on savings accounts and charge 6% interest for its mortgage loans, earning a gross profit of 5%
for its owners.1

 Types of Banks:

There are four broad categories of a bank, these are:

1.Retail Banks: Commonly known as general or personal banking institutions, retail banks deals with the general public. They provide
 services such as savings accounts, current accounts, short-term loans, overdraft protection, etc.

2.Corporate or Commercial Banks: These banks deal with businesses from small businesses to large corporate entities. They provide
services such as cash management, commercial real estate, etc.

3.Investment Banks: These banks majorly focus on corporate clients dealing in complex services such as mergers and acquisitions or
underwriting.

4.Central Banks: Unlike others, central banks do not deal with the public or corporations. They are not market-based. Its primary
responsibility is to control inflation, regulate monetary policy, oversee currency stability etc. 2

 Modes of Banking :
Banking today exists in a myriad of forms, thanks to the advancement of technology.

1:Mobile Banking - Banks today have a mobile app where account holders can make transactions, check balances, open deposits and
more. Most people today prefer a mobile app over a physical bank branch for basic functions.

2:Internet Banking- Banks today also have a website where account holders can log in and carry out all the functions that previously
required a visit to a bank branch.

3:Digital Banking-Digital banking is a service offered by brick-and-mortar banks, to make transactions easier for their customers.
Digital Banking Digital banking has become so popular that most people now prefer making payments through NEFT or IMPS, or the
newly launched UPL.

4:Neobanking-Neobanks operate entirely online with no physical presence at all. Neobanks offer flexibility and ease of use that legacy
traditional banks typically do not, or cannot offer. Legal regulations have not yet caught up to these new-age banks, the RBI "is cognizant
of the benefits that neobanks bring to the table.3
 Nationalised banks :

Bank of Maharashtra Indian Bank

Bank of Baroda Punjab & Sind Bank

Bank of India Punjab National Bank

Canara Bank State Bank of India

Central Bank of India Union Bank of India

Indian Overseas Bank UCO Bank

  Private Sector Banks:

Axis Bank IndusInd Bank

Bandhan Bank Jammu and Kashmir Bank

City Union Bank Karnataka Bank

Dhanlaxmi Bank Kotak Mahindra Bank

DCB Bank Karur Vysya Bank

Federal Bank CSB Bank Ltd.

HDFC Bank Nainital Bank

ICICI Bank RBL Bank

IDFC Bank South Indian Bank

IDBI Bank Tamilnad Mercantile Bank

4
Reserve Bank of India
  Introduction :
The Reserve Bank of India is the central bank. established on April 1, 1935 in accordance with the provisions of the Reserve Bank of
India Act, 1934. A central board of directors headed by a governor oversees the bank. In addition, four local boards, headquartered in
Mumbai, Kolkata, Chennai, and New Delhi, advise the central board on regional issues and represent the interests of regional banks. All
members of the central and local boards are appointed by the government for terms of four years . The central bank plays the role of the bankers’
bank and regulates the banking sector. It also plays an important role in India’s development story by supporting the government in its
developmental projects and policies. Its head quarter is in Mumbai ( Maharashtra ). On 1 st January 1949, Reserve Bank of India( RBI) was
Nationalized. The Reserve Bank is fully owned by the Government of India. It’s present governor is MR. Shaktikanta Das.
It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of
the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Until the Monetary
Policy Committee was established in 2016, t also had full control over monetary policy in the country.
Reserve Bank of India regional office, Delhi entrance with the Yakshini sculpture depicting "Prosperity through agriculture

 History Of RBI :

1 Apr 1935 - Reserve Bank of India commences operations. Sir Osborne Smith the first Governor of the Bank. The Bank was
constituted
as a shareholders' bank.

5 Jul 1935 - Scheduled banks required to maintain the Cash Reserve Ratio, I.e., hold cash balances with the RBI equivalent to 5%
of
their Demand Liabilities and 2% of their Time Liabilities.

Oct 1935 - London Office of the Reserve Bank set up. This was closed on September 30, 1963.
 1 Nov 1936 - Resignation of the first Governor, Sir Osborne Smith, wef July 1, 1937.

1 July 1937 - Sir James Braid Taylor assumes office as Governor.

1937 - RBI acts as banker to the Government of Burma and also responsible for note issue in Burma.

Jan 1938 - First Reserve Bank notes issued.

3 Sep 1939 - Introduction of Exchange Controls in India under Defence of India Rules.

11 Mar 1940 - RBI Accounting Year changed from Jan-Dec to July-June.

11 Aug 1943 - Sir C. D. Deshmukh assumes office of Governor.

1 Jan 1949 - Reserve Bank of India nationalised.

1 Jul 1949 -Sir Benegal Rama Rau assumes office as Governor

 Origin Timeline
1926: The Royal Commission on Indian Currency and Finance recommended the creation of a central bank for India.

1927: A bill to give effect to the above recommendation was introduced in the Legislative Assembly. But it was later withdrawn due
to lack of agreement among various sections of people

1933: The White Paper on Indian Constitutional Reforms recommended the creation of a Reserve Bank. A fresh bill was introduced
in the Legislative Assembly.
1934: The Bill was passed and received the Governor General’s assent

1935: The Reserve Bank commenced operations as India’s central bank on April 1 as a private shareholders’ bank with a paid-up
capital of rupees five crores (rupees fifty million).

1942: The Reserve Bank ceased to be the currency issuing authority of Burma (now Myanmar).

1947: The Reserve Bank stopped acting as banker to the Government of Burma.

1948: The Reserve Bank stopped rendering central banking services to Pakistan.

1949: The Government of India nationalized the Reserve Bank under the Reserve Bank (Transfer of Public Ownership) Act, 1948.
 Organisation Structure Of RBI :

Central
Board of
Directors
Governor
Deputy Governor
Executive Directors

Principal Chief General Manage

Chief General Manager
General Manager
Deputy General Manager
Assistant General Manager

Manager
Assistant Manager

Support Staff
 List Of Governors Of The RBI :

NO Name of Governor Term

1 Sir Osborne Smith April 1, 1935 to June 30, 1937
2 Sir James Braid Taylor July 1, 1937 to February 17, 1943
3 Sir C. D. Deshmukh August 11, 1943 to June 30, 1949
4 Sir Benegal Rama Rau July 1, 1949 to 14 January 1957
5 K.G. Ambegaonkar January 14, 1957 to 28 February 1957
6 H. V. R. Iengar March 1, 1957 to February 28, 1962
7 P.C. Bhattacharya March 1, 1962 to June 30, 1967
8 Lakshmi Kant Jha. July 1, 1967 to May 3, 1970
9 B. N. Adarkar May 4, 1970 to June 15, 1970
10 S. Jagannathan June 16, 1970 to May 19, 1975
11 N. C. Sen Gupta May 19, 1975 to August 19, 1975
12 K. R. Puri August 20, 1975 to May 2, 1977
13 M. Narasimhan May 3, 1977 to November 30, 1977
14 I.G. Patel December 1, 1977, to September 15, 1982
15 Manmohan Singh September 16, 1982 to January 14, 1985
16 Amitav Ghosh January 15, 1985, to February 4, 1985
17 R. N. Malhotra February 4, 1985, to December 22, 1990
18 S. Venkatraman December 22, 1990 to December 21, 1992
19 C. Rangarajan December 22, 1992, to November 21, 1997
20 Bimal Jalan November 22, 1997 to September 6, 2003
21 Y. V. Reddy September 6, 2003, to September 5, 2008
22 D. Subbarao September 5, 2008, to September 4, 2013
23 Raghuram Rajan September 4, 2013, to September 4, 2016
24 Urjit Patel September 4, 2016, to December 11, 2018
25 Shaktikanta Das December 12, 2018, to Present7
Local Boards Of RBI :

Local Boards

Delhi Bombay Kolkata Chennai

 Departments in the Central Office

1. Secretariat

2. Banking operations & development Agricultural Credit

3. Industrial Credit

4 Expenditure & budgetary control

5. Rural Planning & Credit

6. Exchange Control

7. Currency management

9. Govt. accounts Economic analysis & policy

II. Credit planning cell

12 Statistical analysis & Computer

13. Management Service

14 Administration & Personnel

15. Legal Services

16. Inspection.

17. Premises

18.Bankers Training Colleges, one each at Bombay, Pune & Madras

 Chapter 2

Literature Review
RBI must amend FEMA rules on FDI in retail: Supreme Court

New Delhi, Oct 15: The Foreign Exchange Management Act regulations should have been amended by the Reserve Bank of India before
the Centre cleared 51 percent FDI in multi-brand retail, the Supreme Court said today. The apex court made this observation while hearing a
Public Interest Litigation that was filed by Advocate ML Sharma. He argued that retail trading is barred under the existing FEMA regulations.
Attorney General GE Vahanvati admitted that the government had erred since the RBI had not effected any change in the regulations after 2008.
The Supreme Court bench of Justice RM Lodha and Justice AR Dave then said that "it is an irregularity that is curable and as soon as
amendment is brought, it would be cured." Stating that this irregularity is not enough to warrant a stay on the policy, the court emphasised that
RBI must amend the rules without delay. "This isa must before the policy is given a legal shape," the judges said. They demanded to know

when the RBI will take the necessary steps. Vahanvati assured that he will ask the RBI governor to immediately amend the FEMA

regulations. The court, however, rejected the petitioner's other contention that prior approval from the President or Parliament was needed for
the Centre's notification on FDI in retail.
" This assumption that the policy has to be in the name of the President is flawed and unfounded. The Constitution does not provide that
the policy should be in the name of the President," the judges said.
Pointing out that Parliament does not look into policies, the court said that a policy can be deemed as incorrect only if the relevant

notification is ultra vires of the law. The court has given the government time till the next hearing on Nov 5 to amend the FEMA regulations.
It is to be noted that the Trinamool Congress walked out of the ruling coalition just days after the UPA allowed 51 per cent FDI in retail. The
exit of the Mamata Banerjee-led party meant that the government was reduced to a minority.

India can recover faster than China: RBI deputy governor

Beijing, Sep 30: India can recover from global economic slowdown faster than China as the economy is driven by domestic consumption,
but the country needs to" get its act together" for this to happen, Reserve Bank Deputy Governor An and Sinha said here today. Speaking to PTI,
Sinha also said "confidence issues like the general pessimism and not-so-good-feel factor also affected the economy".
"Both economies (India and China) are affected by the global economic slowdown but India being a domestic consumption driven economy
could recover faster," he said.
"But for that we have to get our act together. Being dependent on domestic economy, we would be less affected by export sector
performance. So, that could be our strength. But we have to get our act together and whatever weaknesses we have to get around them," he said
responding to a question. When asked what should be done by India to arrest the slide in growth, he said, "We have to get hold of inflation. If we
get hold of it, growth will have better prospect. Once growth takes off things would be better."
Retail inflation in India is in double digits at 10.03 per cent. RBI had been repeatedly saying that focus of its monetary policy is
on controlling inflation.
"We must realise that even if we put our domestic situation on sound footing, what happens in the rest of the world, we cannot be totally
immune to that. So you will not have the same growth rate as we would have had if the world economy is in good shape.
"Sinha also blamed "not so good feel factor", besides the global economic slowdown, for the current domestic situation. "One reason is
global economic slowdown. That has affected us is the trade channel. We are not export dependent but exports suffered due to global economic
crisis. Apart from trade issues, confidence issues like the general pessimism and not so good feel factor also affected the economy," he said
apparently referring to criticism about policy paralysis.
"Sentiments are very important when it comes to taking business decision," he said.

Bank ATMs stop sucking in cash after RBI direction

 New Delhi, Sept 23: Next time you go to an ATM to withdraw cash, don't worry about the banknotes getting sucked back by the
machine if not collected immediately, as RBI has asked all banks to immobilise the 'cash retraction facility'.
At the same time, customers will have to be extra careful in collecting the cash dispensed by the ATM, as they cannot later claim
the money from the bank, which was the case when this 'cash retraction facility' was in place at the ATMs.
Most of the banks, including HDFC Bank, Axis Bank and Canara Bank, have already removed the cash retraction facility from all their
ATMs, while the withdrawal process for this facility is underway for few remaining ATMs.
As per RBI directions, the banks are communicating to their customers about the withdrawal of this facility, under which the cash goes
back into the ATM machine if not collected within a stipulated time, which is generally 10-15 seconds, but varies from bank to bank. The
facility was initially implemented to avoid the cases of someone else getting the money, if the actual cardholder forgets to collect the withdrawn
cash before leaving the ATM. However, RBI in the past one year has come across banks reporting several instances of frauds pertaining to mis-
use of cash retraction facility at the ATMs.
The typical modus operandi has been to hold on to a few pieces of notes in ATM machines that have cash retraction system, while allowing one
or two pieces of notes to be retracted and then claiming non-receipt of cash. Since retracted transactions are credited back to the customer's
account, the balance in the fraudster's account remains unaffected even after collecting bulk of the delivered cash. The ATMs do not have the
capability to count the pieces of retracted notes, thus leaving a loophole for committing such frauds.

2G scam: RBI Governor Subbarao to appear before JPC

New Delhi, Sept 7: RBI Governor D Subbarao, who was the Finance Secretarywhen 2G licences were allocated, will appear before the Joint
Parliamentary Committee examining the issue as a witness on Sept 18. He was the Finance Secretary between Apr 2007 and Sept 2008. The
controversial 2G radiowave licences were allocated in Jan 2008. Sources said the meeting of the committee slated for Sept 14, in which former
Cabinet Secretary KM Chandrasekhar was to appear, has been rescheduled.
 A fresh date will be decided to call Chandrasekhar, who was the top bureaucrat between Jun 2007 and Jun 2011. The JPC meeting on Sept
18 is taking place after a gap of nearly a month. BJP members had stormed out of the proceedings on Aug22 insisting on calling Prime Minister
Manmohan Singh and Finance Minister P Chidambaram as witnesses before the panel. Sources said besides the former Cabinet Secretary, the
other "essential witnesses" the committee seeks to
examine before drafting the report are the Telecom and Finance Secretaries, former LawSecretary, the present incumbent and the Attorney
General.
It is not yet clear whether the six BJP members on the panel will attend the next meeting. Amid growing bitterness between ruling and
opposition sides in the 30-member JPC, five out of the six BJP members present at the meeting had walked out, claiming that Congress members
had used foul language when they pressed for calling Singh and Chidambaram. Congress had refuted the allegation.

RBI may hike NPA provision ratio if needed: K C Chakrabarty

MUMBAI: RBI Deputy Governor K C Chakrabarty has come down heavily on banks showing higher profits without providing
adequately for bad loans, and said if need be, the central bank may hike provision coverage ratio (PCR) levels.
"Why banks need to show profits as high as 25 per cent? They can show 5 per cent growth in their profits. If they are not doing
(providing more), I will increase it(PCR)," he told PTI in an interview.

Expert’s views on RBI monetary policy review

Mumbai, (IANS) The Reserve Bank of India (RBI) kept key policy rates unchanged in the first quarter review of monetary policy announced
Tuesday. Following are the comments from experts on the monetary policy statement.

–Anis Chakravarty, senior director, Deloitte in India

“This is a bold step from RBI and it certainly needs to be appreciated. With headline inflation persistently remaining above comfort level
of 7 percent, this policy stance of retaining repo rate looks justified despite obvious impact of tight monetary policy for past two years on the
growth slowdown. Although SLR is expected to maintain liquidity levels, it may not show any significant impact as the liquidity conditions have
been already eased out since the April policy, which
included injection of liquidity by way of open market operations.

– Harsh Pati Singhania, president, International Chamber of Commerce India and managing director, JK Paper Ltd.

“It is disappointing that RBI has chosen not to cut policy rates. Reduction in the SLR does not make any difference in the present
scenario as credit growth has not picked up due to higher rates of interest. In fact, by following this path RBI is not taking any constructive steps
to either control inflation or stimulate economic growth. It has squarely put the onus of reviving growth with the government.
May be it is time we started looking at the paradigm of living with a slightly higher
inflation accompanied with higher growth.

– R.V. Kanoria, president, Federation of Indian Chambers of Commerce and Industry (FICCI)

“The central bank and the government need to coordinate and find a solution to balance the monetary policy, improve the fiscal situation
and to get growth back in the economy. The situation in the economy calls for urgent and decisive action and the two primary agencies – RBI
and government – responsible for policy making should prepare an effective roadmap together.”

– Chandrajit Banerjee, director general, Confederation of Indian Industry (CII)

“A cut in policy rates, at this juncture, would have done much to infuse liquidity in the system which is facing tight liquidity conditions,
spur investments among corporates and rev up growth momentum in the economy. RBI had sufficient headroom to cut interest rates as falling
global commodity prices, stable core and manufacturing inflation would ease the pressure on prices. In fact, despite having raised interest rates
in the past, inflation has persisted while adversely impacting industrial growth and business sentiment. The need of the hour is administrative
actions on the part of the government to ease supply bottlenecks which will help ease inflationary pressure.”

– Siddharth Shankar, Director, KASSA group

 “Monetary policy will not stimulate growth nor would government policy, now it is for the industry to act and make itself more efficient.
From the policy front I feel government will have to keep the social and agricultural aspect in mind, much over the industry. Growth in India is
likely to remain low with high inflation something and this is a very uncomfortable situation of stagflation. While the GDP forecast is6.5 percent
to my mind it would be below 6 percent mark for current financial
year.”

– A Sakthivel, chairman, Apparel Export Promotion Council (AEPC)

“The Reserve Bank of India has kept interest rate unchanged, thereby keeping the cost of funds very high. The industry was expecting
downward trend in the interest rate so that cost of manufacturing can be reduced.”

– Murthy Nagarajan, head, fixed income, Tata Asset Management Limited

“RBI focus is clearly on managing inflation expectations getting retrenched in the economy even against a scenario of falling GDP
growth rates. By cutting SLR, it is releasing more money for banks who have SLR at the margin, to lend to the corporate sector. RBI has stated
it is ready to do what is required, if government cuts its subsidy burden and reduce supply side bottleneck pressure on the
economy.”

– Lalit Kumar Jain, chairman, Kumar Urban Development and president, CREDAI

“There is once again disappointment from RBI. There was no change in the rates in previous policy announcement and the real
estate sector was expecting a rate cut this time. Both, the developer community and the home buyers are unhappy with results of the policy and
this will affect the already disheartened real estate sector. We don‘t see any positive policies from government which w
ill boost the real estate sector and economy as well. We keep our fingers crossed and hope the next credit policy will bring some cheer to the
industry.”8
 Chapter 3

Research Methodology
 Objective Of The Study :

The Preamble to the Reserve Bank of India Act, 1934, under which it was constituted, specifies its objective as "to
regulate the issue of Bank notes and the keeping of reserves with a view to securing monetary stability in India and
generally to operate the currency and credit system of the country to its advantage".

 Organisation of reserve bank of India

The organisation of RBI consists of the following:-

1)Central board

2) Local board

1) Central Board:-

o The reserve banks affairs are governed by a central board of directors

o the board appointed by the govt of India
o In kipping with the RBI act nominated for a period of four years
o Governor and not more than four deputy governor
o Nominated by govt ten from various fields
o Two govt officials
o Four directors one each from four local boards
 2)Local Board :-

o four region of the country

o Mumbai, Calcutta, Chennai and New Delhi
o It consists of five members appointed by the central govt
o The function of its to advice the central board9

 Function Of RBI :

1. Bank of Note Issue

2. Banker, Agent and Advisor to the Government

3. Banker's Bank

4. Lender of Last Resort

5. Clearing Agent

6. Developmental Role

7. Custodian of Foreign Exchange Reserves

8. Controller of Credit

9. Other Function
1. Bank Of Note Issue :

o Uniformity in Monetary system

o Better control over Money supply in the country

o Increases public confidence

o Monetary Management

o Control over credit creation

o Earns profits by issuing paper currency

o Monopoly in issue of note

2. Banker, Agent and Advisor to the Government :

o Maintains accounts of the Central as well as State Government

o Provides Short-term and Long-term loans & advances

o Collect Cheques and drafts deposited in the Government account

o Provides Foreign Exchange Reserves

 o Collects taxes and other payments

o Issues New loans & advances on behalf of the CG/SG

o Represents Government in the International stages such as IMF, World Bank

3. Banker's Bank :

o Custodian of cash reserves

o Acts as friend, philosopher, supervisor and guide to commercial banks

o Provides basis for a larger and more elastic credit structure

o Promotes National welfare

o Provides financial accommodation to cooperative banking for financing special sectors like agriculture

o Appoints key posts of Commercial Banks to ensure proper Governance and Sound Banking practices
 o Resorts to moral suasion

4. Lender of Last Resort :

o Meets the genuine financial requirements

o Builds up and strengthens the financial infrastructure

o Increases elasticity and liquidity of whole credit structure

o Enables commercial banks to carry on their activities even with limited cash reserves

o Provides financial assistance

5. Clearing Agent :

o Commercial banks can easily settle their claims with each other

o Economizes the use of cash

 o Reduces withdrawals of cash

o Discloses of liquidity position of Commercial Banks

6. Developmental Role :

o Helps to develop Money and Capital markets

o Undertakes measures Development/Growth to promote Economic

o Maintains price and exchange rate stability

o Promotes various institutions such as IDBI, NABARD, SIDBI, ECGC

7. Custodian of Foreign Exchange Reserves :

 o Overcome Balance of Payment difficulties
o Formulates, Monitors and Implersents Exchange Rate Policy

8. Controller of Credit :

o Regulate the flow of credit

o Adopts Credit Control instruments such as Bank Rate. Open Market Operations, CRR, SLR from time to time

9. Other Function :

o Collects various types of Statistios

o Conducts surveys, seminars

o Publishes reports
 o Training facilities to working staff

1.How Banking Works, Types of Banks, and How To Choose the Best Bank for YouReviewed by SOMER ANDERSONFact checked by PETE
RATHBURNhttps://www.investopedia.com/terms/b/bank.asp#:~:text=A%20bank%20is%20a%20financial%20institution%20licensed%20to
%20receive%20deposits,national%20government%20or%20central%20bank.

2. https://economictimes.indiatimes.com/
3. hhttps://razorpay.com/blog/business-banking/all-about-banking/
4. Source: Banking in Indiahttps://www.paisabazaar.com/banking/

5. Chronology Of Eventshttps://rbi.org.in/history/Brief_Chro1935to1949.html#:~:text=Sir%20Osborne%20Smith%20the%20first,constituted
%20as%20a%20shareholders'%20bank.&text=Scheduled%20banks%20required%20to%20maintain,2%25%20of%20their%20Time
%20Liabilities
6.Origin, History and Functions of RBI https://www.toppr.com/guides/general-awareness/rbi/origin-history-and-functions-of-rbi/
7. RBI Governor List of India: Past and Present Governors of Reserve Bank of India https://cleartax.in/s/rbi-governors-list

8. https://www.scribd.com/document/129686972/A-Complete-Project-on-RBI A Complete Project On RBI

9. Reserve bank of india https://www.slideshare.net/KiranKumarReddy45/reserve-bank-of-india-91855715

10. The reserve bank of indiahttps://www.slideshare.net/AniketKumar32/the-reserve-bank-of-india-66889458