Скачать или смотреть RBI - Know about Reserve Bank of India | RBI Rates Explained

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In this video I explained about RBI and RBI rates explained.
Reserve Bank of India (RBI) is India’s central bank. It controls the monetary policy concerning the national currency, the Indian rupee. The basic functions of the RBI are the issuance of currency, to sustain monetary stability in India, to operate the currency, and maintain the country’s credit system.

How was it Formed?
The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.
The Central Office of the Reserve Bank was initially established in Calcutta but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated.
Though originally privately owned, since nationalization in 1949, the Reserve Bank is fully owned by the Government of India.

New Policy Rates by RBI in Indian Banking (as on February 08, 2023):

SLR Rate : 18.00%
Standing Deposit Facility Rate : 6.00%
CRR : 4.50%
MSF : 6.75%
Repo Rate : 6.50%
Reverse Repo Rate : 3.35%
Bank Rate : 6.75%