Talk:Reserve Bank of India

Objective

Objective: maintain public confidence in the system, protect depositors' interest and provide cost-effective banking services to the public.

I'm afraid Reserve Bank of India has miserably failed in this objective because 85% of people in India still do not have a bank account. --God and religion are distinct. 17:22, 11 March 2007 (UTC)

U.P Union Bank

I am quiet surprise there is no history of U.P Union Bank Ltd (U.P Inida).Before indepence The Largset Muslim Bank of India. Bank having more that 40 branches( that time) hasnt got any record even at archive of RBI.

Requests

Educate me man... I would like to know more about this bank. - Please add detail on prnting notes and coin. As coin is minted by GOI and not by RBI. And furnish detail account of why government of India mints only coins and not notes.

Sir savinay badnaan it is like this, my account is in bank of baroda till the balance is Rs 143 in mains so you are planning to bring my account from minus to 0 balance please Nitish Prajapati — Preceding unsigned comment added by 2409:40E3:2D:8C9B:D577:8AE2:9E20:6AE8 (talk) 06:07, 7 November 2023 (UTC)

Inflation or monetary targeting

Hey, could someone inform me whether RBI follows inflation or monetary targeting? I think it's monetary though I can't really tell much from the page. 137.132.3.9 (talk) 06:40, 30 October 2008

Whimsical promotion and rejection

Extended content

Chief Justice of High court charged with corruption has finally been elevated to Justice of Supreme Court. Is it true? Whimsical promotion, whimsical transfer and posting are the root cause of all types of irregularities, deficiencies, corruption, and mal-administration in the society. As long as we are unable to provide a reasoning based transfer and merit based promotion and as long as the wrong doers are not punished by court in the quickest timeframe we cannot imagine of stopping corrupt judges sitting at top post. When most of the ministers in the government, most of the MPs and most of the MLAs at state level are corrupt how can they inculcate good practices among IAS officers, judges and other functional heads? I have experienced when the top in any office or in the government is weak and corrupt, the bottom-line cannot be expected to remain honest and efficient. Old proverb “survival for the fittest” no more holds good. Now a day’s survival is possible only for the person who is well versed in flattery to bosses, who can earn money through ill methods and share the same with his bosses. As such it is not astonishing that a higher corrupt chief justice of a high court is elevated to justice of Supreme Court. The bitter truth is that there is no fool proof method of providing perfectly merit based promotion or seniority based promotion in any office. None of the promotion processes can ensure justice to all, justice to the organization and discomfort to none as long as the person responsible for carrying out the promotion process is dishonest and corrupt. I have been advocating abolishing Interview panel in all promotion processes in all departments and all organizations because Interview is such a test where the candidate’s career can be easily spoiled by Interviewers. During interview, key role is played by elements like bribe, gift, sources, god fathers, flattery when Interviewer raises questions before the candidate and finally the marks is actually given by the interviewer. There is hardly any place for merit in the mind of Interview panel and this why whimsical promotions takes place and a reign of injustice spreads like cancer and is followed by inefficiency, frustration, depression and what not. Last but not the least; our courts cannot deliver justice in decades. Justice delayed is justice denied. And when there is no hope of justice even from court, aggrieved person in promotion process is left with no alternative other than digesting the poison of injustice. It is an open secret in our society that victim is afraid of lodging complain in police department against any type of criminal.

Somehow : Agree But.....What are you talking about here on RBI talk page? Better if this was on Supreme Court Talk page or else..... Manupriy Ahluwalia

RBI - Introduction (edit note)

The edit of April 13, 2009 introduced the paragraph "rbi was started with a paqid up share capital of 5 crore.on estd it took over the function of mgt of currency from govt of indai andpower of credit ctrol from imperial bank of india." The first sentence of this paragraph, was then helpfully capitalized on April 14. I could find no support for the first sentence even from the official page RBI History. I think the second sentence should probably read "The Bank began its operations by taking over from the Government the functions so far being performed by the Controller of Currency and from the Imperial Bank of India, the management of Government accounts and public debt." as stated here: RBI Brief History. —Preceding unsigned comment added by Wikirao (talk • contribs) 14:48, 5 October 2009 (UTC)

notes

• India and the Global Economy by Beth Anne Wilson and Geoffrey Keim in Business Economics, Volume 41, Number 1 / January, 2006

• Exchange Rate Risk and Commodity Trade Between the U.S. and India by Mohsen Bahmani-Oskooee and Rajarshi Mitra in Open Economies Review, Volume 19, Number 1 / February, 2008

• The Evolving Role of China and India in the Global Financial System by Philip R. Lane and Sergio L. Schmukler in Open Economies Review, Volume 18, Number 4 / September, 2007

• Exchange-rate arrangements and financial integration in East Asia: on a collision course? by Hans Genberg in International Economics and Economic Policy, Volume 3, Numbers 3-4 / December, 2006

• Sino-Indian Liberalization: The Role of Trade and Foreign Investment by A.S. Bhalla in Economics of Planning, Volume 31, Numbers 2-3 / May, 1998

• The prices of silver and exchange rates in a metallic monetary system—the cases of India and Iran by Mohammad S. Hasan in Empirical Economics, Volume 31, Number 1 / March, 2006

• The impact of rupee devaluation on productivity by M. R. Kumara Swamy in Journal of Economics, Volume 27, Number 4 / December, 1967

• Mean and volatility dynamics of Indian rupee/US dollar exchange rate series: an empirical investigation by Rituparna Kar and Nityananda Sarkar in Asia-Pacific Financial Markets, Volume 13, Number 1 / March, 2006

• Narenda Jadhav, Partha Ray, Dhritidyuti Bose, Indranil Sen Gupta: THE RESERVE BANK OF INDIÀ`S BALANCE SHEET: ANALYTICS AND DYNAMICS OF EVOLUTION, November 200

• Beth Anne Wilson und Geoffrey N. Keim: India and the Global Economy in Business Economics, January 2006

• Ananya Mukherjee Reed: Corporate Governance Reforms in India in Journal of Business Ethics, Volume 37, Number 3 / May, 2002

• Sunil Kumar, Rachita Gulati: Did efficiency of Indian public sector banks converge with banking reforms? in Int Rev Econ (2009) 56:47–84

• Amal Kanti Ray: India’s Social Development in a Decade of Reforms: 1990–91/1999–2000 in Social Indicators Research, Volume 87, Number 3 / July, 2008

• Raghbendra Jha, Ibotombi S. Longjam: Structure of financial savings during Indian economic reforms in Empirical Economics (2006) 31:861–869

• Dipak Basu: Balance-of-Payments Policies and Structural Reforms: an Adaptive-Control Model for India in Journal of Economics, Volume 70 (1999), No. 3, pp. 261-28

• Sumit K. Majumdar, Kunal Sen: The debt wish: Rent seeking by business groups and the structure of corporate borrowing in India in Public Choice, Volume 130, Numbers 1-2 / January, 2007

• Alpana Sivam, Sadasivam Karuppannan: Role of state and market in housing delivery for low-income groups in India in Journal of Housing and the Built Environment 17: 69–88, 2002

will work on it. feel free to join me, best regards --Jan eissfeldt (talk) 04:09, 11 February 2010 (UTC)

EDIT: the initial line on 300b reserve

Note: i deleted the line in intro about rbi controlling usd 300b. this is further referred to ndtv website instead of rbi website,

erve Bank of India (RBI) (Hindi: भारतीय रिज़र्व बैंक) is the central banking institution of India and controls the monetary policy of the Indian rupee ****as well as US$30,210 crore (US$302.1 billion) of currency reserves (in 2011 dollars as of 2011).[2]***

Revert new governor name in infobox

I made changes to update the announcement of the new governor of the RBI, which take effect on 5 September 2013. Until then, the current governor will complete his term of office.

While making the two changes for 23rd governor R Rajan, I noticed that the infobox for this article had been changed already. I don't think that is appropriate, as the current governor will remain in office according to all news reports, until 4 September 2013, the date of his term completion. I am going to change the governor in the RBI infobox back to D Subbarao as it was before, as there is nearly a month before the name change should be made. --FeralOink (talk) 23:15, 6 August 2013 (UTC)

Various merges in to this article

Redirected RBI Belapur, RBI Bhopal, RBI Chandigarh, RBI Panaji, and RBI Kochi. Nothing worthwhile to merge. §§Dharmadhyaksha§§ {Talk / Edits} 08:43, 6 January 2017 (UTC)

The following discussion is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.

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An editor has created in good faith multiple articles for RBI elements, articles which I believe should be part of the parent article. I have placed them here for discussion and asked that editor to stop adding new ones pending the outcome of discussions here. Fiddle Faddle 09:02, 17 August 2013 (UTC)

Proposed merge with RBI Kochi

This article needs to be pruned and then merged into Reserve Bank of India. It does not warrant a separate article, but is a part of the overall corporation. Otherwise we will get articles about random branches and subdivisions and become wholly confused Fiddle Faddle 08:37, 17 August 2013 (UTC)

Proposed merge with RBI Panaji

This article needs to be pruned and then merged into Reserve Bank of India. It does not warrant a separate article, but is a part of the overall corporation. Otherwise we will get articles about random branches and subdivisions and become wholly confused Fiddle Faddle 08:43, 17 August 2013 (UTC)

Proposed merge with RBI Chandigarh

This article needs to be pruned and then merged into Reserve Bank of India. It does not warrant a separate article, but is a part of the overall corporation. Otherwise we will get articles about random branches and subdivisions and become wholly confused Fiddle Faddle 08:47, 17 August 2013 (UTC)

Proposed merge with RBI Bhopal

This article needs to be pruned and then merged into Reserve Bank of India. It does not warrant a separate article, but is a part of the overall corporation. Otherwise we will get articles about random branches and subdivisions and become wholly confused Fiddle Faddle 08:49, 17 August 2013 (UTC)

Proposed merge with RBI Belapur

This article needs to be pruned and then merged into Reserve Bank of India. It does not warrant a separate article, but is a part of the overall corporation. Otherwise we will get articles about random branches and subdivisions and become wholly confused Fiddle Faddle 08:52, 17 August 2013 (UTC)

RBI has far too many regional offices which neither deserve mention on the RBI article page nor to they deserve a stand alone page. It is as good as having stand alone pages for the various branches of any bank for that matter. In fact I would call these stand alone articles as spam entries instead.--PremKudva^Talk 12:01, 19 August 2013 (UTC)

Agreed. Merge all. Also merge Reserve Bank of India: Working and Functions.-Nizil (talk) 09:17, 4 January 2017 (UTC)

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The discussion above is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.

Merger proposal

It has been suggested that Reserve Bank of India: Working and Functions be merged into this article. I agree per WP:CFORK, as they are essentially duplicates. These are two on essentially the same subject, with the same scope. This article describes the working and functions of the Reserve Bank of India, as would be expected. It cannot exist without working and without functions, the working and functions of the RBI are essential to its being. Describing the working and functions describes the entity, except for a little about its physical location. I notice there has been no dissent to this merger since it was proposed over a year ago, so let's get on with it. Jack N. Stock (talk) 04:56, 15 March 2018 (UTC)

• Support Capankajsmilyo (talk) 06:33, 15 March 2018 (UTC)
• Merge as it will be better for the original article. Vivek Ray (talk) 05:04, 2 June 2018 (UTC)
• Support merge per nom. TeraTIX 12:00, 6 July 2018 (UTC)

  Y Merger complete. Klbrain (talk) 16:07, 21 July 2018 (UTC)

Merger proposal2

I propose to merge Reserve Bank of India, South Zonal Office as it is merely an office of the article. Capankajsmilyo^{(Talk | Infobox assistance)} 07:21, 31 October 2018 (UTC)

Agree I reviewed the entire article carefully, and I agree with you. (Farooqahmadbhat (talk) 10:13, 7 December 2018 (UTC))

Support - I support the merger Fylindfotberserk (talk) 15:37, 7 December 2018 (UTC)

Agree Better if editors work on improving this article rather than creating or improving articles on various offices and branches. Jack N. Stock (talk) 15:47, 7 December 2018 (UTC)

  Y Merger complete.

Manupriy Ahluwalia (talk) 07:06 , 5 March 2019 (UTC)

Significant changes in RBI policy

There are plenty of news articles about RBI linking interest rates to external rather than internal benchmarks, and here is one. Sorry, I have no time to edit now. Jack N. Stock (talk) 13:29, 5 December 2018 (UTC)

"Deepak Singhal (Reserve Bank of India)" listed at Redirects for discussion

An editor has asked for a discussion to address the redirect Deepak Singhal (Reserve Bank of India). Please participate in the redirect discussion if you wish to do so. Curb Safe Charmer (talk) 09:06, 13 August 2019 (UTC)

"Deepak Singhal, RBI" listed at Redirects for discussion

An editor has asked for a discussion to address the redirect Deepak Singhal, RBI. Please participate in the redirect discussion if you wish to do so. Steel1943 (talk) 15:12, 13 August 2019 (UTC)

"RBI" listed at Redirects for discussion

An editor has identified a potential problem with the redirect RBI and has thus listed it for discussion. This discussion will occur at Wikipedia:Redirects for discussion/Log/2022 January 27#RBI until a consensus is reached, and readers of this page are welcome to contribute to the discussion. ---CX Zoom(^he/_him) (^{let's talk}|_contribs) 19:36, 27 January 2022 (UTC)

Need to add Section 7(1) invoke sentence

Forthe first time the Central government took control of an independent Central bank by invoking rarely used provision under RBI act https://indiankanoon.org/doc/1651679/ https://indianexpress.com/article/explained/section-7-of-the-rbi-act-never-used-in-past-what-powers-does-it-give-govt-5428090/ https://www.businesstoday.in/latest/economy-politics/story/what-is-section-7-and-how-does-it-curb-rbi-independence-149656-2018-10-31 https://www.livemint.com/Industry/fzKfeJ9KliesX4oQ4LEkdJ/The-history-of-the-contentious-RBI-Act-Section-7.html "Mumbai: Section 7 (1) of The Reserve Bank of India Act, 1934, became a contentious issue after the tension between the central bank and government turned into a public spat over the last few days. No government has so far invoked this section in the central bank’s 83-year history. According to the RBI Act’s Section 7 (1), “the central government may from time to time give such directions to the Bank as it may, after consultation with the Governor of the Bank, consider necessary in the public interest"."

manchurian candidate manchurian candidate 15:12, 10 June 2023 (UTC)

Old coin

Sell old coin 103.87.56.242 (talk) 10:51, 27 September 2023 (UTC)

Old coin kaise sell kare

Abhishek 223.233.85.200 (talk) 19:04, 5 October 2023 (UTC)

Coordinate error

{{geodata-check}}

The following coordinate fixes are needed for

—Polavarapu Mokshith Sai (talk) 08:41, 29 February 2024 (UTC)

You haven't said what you think is wrong with the coordinates in the article, but I've tweaked the coordinates a bit to correspond to the location of the building that Google Maps labels ""Reserve Bank of India". If you still think that there is an error, you'll need to supply a clear explanation of what it is. Deor (talk) 18:46, 29 February 2024 (UTC)

244925

State Bank of india 141.179.109.40 (talk) 15:41, 19 September 2024 (UTC)