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Its role is set out in the Reserve Bank Act 1959 . The Bank conducts the nations monetary policy and issues its currency. It seeks to foster financial system stability and promotes the safety and efficiency of the payments system. It also offers banking services to government.
Twelve Operating Arms around Our Nation supervising and examining banks and other financial institutions; enforcing compliance with federal consumer protection and fair lending laws while promoting local community development; and. lending to depository institutions to ensure liquidity in the financial system.
The primary purpose of the Bank is to achieve and maintain price stability in the interest of balanced and sustainable economic growth. Together with other institutions, it also plays a pivotal role in ensuring financial stability.
Bank reserves are the minimal amounts of cash that banks are required to keep on hand in case of unexpected demand. Excess reserves are the additional cash that a bank keeps on hand and declines to lend out.
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913.
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Excess reserves are the additional cash that a bank keeps on hand and declines to lend out. Bank reserves are kept to prevent the panic that can arise if customers discover that a bank doesnt have enough cash on hand to meet immediate demands.
to regulate the issue of Bank notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; to have a modern monetary policy framework to meet the challenge of an increasingly complex economy, to maintain price
Conducts the nations monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy. Promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad.

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