Functions : To advise the Central Board on local matters and to represent territorial and economic interests of local cooperative and indigenous banks; to perform such other functions as delegated by Central Board from time to time. Aspirants can learn about the RBI and its function and access further details regarding the Reserve Bank of India. To serve as a banker to the government and other banks. Functions of the Reserve Bank of India The functions of the RBI can be broadly classified into five major categories: 1. Issuer of Currency The RBI has the sole authority to issue currency notes in India (except one-rupee notes and coins, which are issued by the Ministry of Finance). Role And Function Of RBI In Indian Economy PDF: Complete Details of the roles and functions of the Reserve Bank of India in the Indian economy.
