What is the functions of reserve bank?

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2026-03-17 04:50

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The Reserve Bank serves several key functions, including regulating the country's monetary policy to control inflation and stabilize the currency. It acts as a central bank by managing the nation’s money supply and interest rates, overseeing the banking system, and ensuring financial stability. Additionally, it serves as the government's banker and financial advisor, facilitating transactions and managing public debt. Lastly, the Reserve Bank plays a crucial role in supervising and regulating financial institutions to maintain public confidence in the financial system.

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