Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

RBI Governor changed - How does it matter?

Other Topics - By: - Karan Gogia - Dated:- 11-9-2016 - You must have realized by now that Mr Rajan exit has been seen via different lenses. Lot of rumors are coming in and some looks really promising. Here my idea for writing this article is not to i .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

sure what exactly these financial jargon means. Stay on with me. I will take it one by one in your language. Currency Manager - Central bank has a unique power, at the same time a unique responsibility to issue the currency notes. Can any other bank .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

in my later post in very detail. RBI has a separate department for issuing of currency and its assets and liabilities are kept separate from the other assets and liabilities arise due to other function of central bank namely the Banking function. Doe .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

y surplus generated by central bank. This profit is called Seigniorage. Now Lets take on the 2nd function. Banker - Central bank is essentially a bank but for whom? for you and me? - Ans is NO. Central bank is a bank for the government and the other .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

eposit their surplus funds with the Central bank and take loan whenever required. This looks simple???right??- Actually it is not. Just think from the angle that how about you own the bank where you have saving/FD account? What will you do??. This is .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

. Got tensed?? This is what commercial bank has to manage and has to see when and how much money to give. Managing banking System - Just think you got some money with you or say you don't have any money. Can you open a bank of your own and start .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version