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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 .....

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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 .....

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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 .....

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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 .....

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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 .....

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. 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 .....

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