Welcome to the refurbished site of the Reserve Bank of India. Administration of the provisions of the Reserve Bank of India Act, 1934 relating to NBFCs, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Consultation and co-ordination with other departments of the Reserve Bank, other finance sector regulators, industry and various other stakeholders including Centre and State Governments in policy and other related matters. Since then there is duality of control over StCBs/DCCBs/UCBs between the RCS/CRCS and the Reserve Bank of India. General Manager The Internal Audit function constitutes a key dimension in the Reserve Bank's governance architecture. Modelling and forecasting of important macro-economic indicators. DCBR functions in close coordination with other regulators, namely, Registrar of Cooperative Societies (RCS) and Central Registrar of Cooperative Societies (CRCS). RBI, SEBI, IRDA and PFRDA to oversee the coordinated supervision of financial conglomerates (FCs); Co-ordinating inter-agency forums such as State Level Coordination Committee (SLCC), Task Force on Urban Co-operative Banks (TAFCUB), etc. Welcome to the refurbished site of the Reserve Bank of India. But since beginning, the majority of the RBI officers were skeptical to join the division citing human resource (HR) problems, including chances of promotion and pay hike. was held on February 17, 2021 from 11:30 AM to ; and. It carries out monthly and quarterly analysis of the Government Securities - Secondary market. like Manish previously answered, In RBI except for the specialised posts like research and legal etc remaning posts are for all. "(The restructuring will) result in more efficient allocation of human resources attending to regulation and supervision of financial sector entities under the Bank's purview", the RBI said. Board for Regulation and Supervision of Payment and Settlement Systems. The department has two divisions looking after operational risks and financial risks. The Premises Department's responsibility is to create and maintain premises- related infrastructure. Press Relations. Baca juga: Manajemen Kinerja. Bringing out Reserve Bank’s data publications directly from the data warehouse. banknotes, assessing currency needs, (notes and coins) and ensuring adequate public by facilitating exchange of notes and coins. central and state Government, and organising public awareness on the features To assess and report the Economic Capital necessary so as to build provisions for various risks arising out of the Reserve Bank's policy actions. Fax No. Do feel free to give us your feedback by clicking on the feedback button on the right hand corner of the refurbished site. We are a growth company with a strong track record of driving system-wide sales growth and creating compelling unit economics for our partners. All Rights Reserved. Reserve Bank of India captioned tender. E-Tender for Annual Service Contract for Providing Security Service Personnel (Security Guards) for the properties of RBI, Agartala . The specific functions of FMOD include: Forex market operations in the onshore/offshore OTC and Exchange Traded Currency Derivatives (ETCD) Segments, Liquidity Adjustment Facility (LAF) operations (Repo, Reverse repo, Marginal Standing Facility) including Open Market Operations (Outright sale/purchase of gilts) under the extant liquidity management framework, Special Market Operations (SMO) for specific purposes, Computation of 6-currency Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER), Issuance and buyback of dated securities under Market Stabilisation Scheme (MSS), Carrying out market-oriented research and analysis, Estimation of liquidity requirement in the banking system, Providing secretarial assistance to the Financial Markets Committee (FMC) of the Reserve Bank, Coordinating meetings of Early Warning Group (EWG) comprising financial sector regulators and Ministry of Finance. Since March 1, 1966 the banking laws were applied to cooperatives societies. It also said the revamping will help build experienced and skilled human resources in the area of regulation and supervision of financial sector entities. Tugas dan tanggung jawab unit HRD di sebuah perusahaan tergantung pada … The details of the enforcement action are provided through Press Releases and in various publications of RBI. Collection, processing and analysis of data on banking, corporate and external sectors. Department of Information Technology in its endeavour to effectively channelize Information, Communication and Technology (ICT) aspects, strives for effective and strategic use of emerging technologies encompassing better IT strategic alignment, economy in cost, efficiency and conformity with global practices for developing effective and efficient solutions for the Bank.                          (ii) Institutes funded by the Bank. The Reserve Bank of India celebrates Vigilance Awareness Week, every year, as per directions of the Commission. Recognising the widening range of functions of the Reserve Bank and its associate institutions and the need for effective publicity and public relations, the office of the Press Relations Officer was converted into a full-fledged Press Relations Section in the seventies. The Department undertakes off-site monitoring as well as on-site evaluation, wherever necessary. This helps align personal aspirations of the staff with professional goals and helps enhance efficiency in the organisation. Investment and management of the foreign currency and gold assets of the Reserve Bank of India, Handling external transactions on behalf of Government of India (GOI) including transactions relating to International Monetary Fund (IMF), All policy matters incidental to India's membership of the Asian Clearing Union, and, Other matters relating to gold policy, membership of the Bank for International Settlements (BIS) and bilateral banking arrangements between India and other countries like Russia, bilateral and South Asian Association for Regional Cooperation(SAARC) currency swap arrangements, Department of Government and Bank Accounts. Violations of the provisions of FEMA, 1999 attracting monetary penalties and other regulatory or supervisory action would continue to be taken by the respective regulatory/supervisory departments. The Department conducts operations in the money, government securities and forex markets. As a part of internal control mechanism, all the business units are required to get their transactions (mainly financial transactions) audited by external chartered accountant firms, concurrently with the occurrence of such transactions. Management Information Systems (MIS): To monitor the data pertaining to Government cash balances, maintains the MIS for the Top Management, provide data for various statutory and internal publications, oversee the technology platform for Government securities auction activities and undertake analysis. (Rajbhasha), Assistant Manager The Division was, in March 2007, given the status of a full-fledged department and was renamed Department of Communication (DoC). (RD’s Secretariat), Asst. The Department discharges the above functions through its various divisions, viz. Shahid Bhagat Singh Road Secretarial work relating to the Senior Management Committee (SMC) meetings/sideline meetings of the Governor; Monitoring implementation/follow up of decisions taken by these committees; Work relating to service conditions of the Governor and the Deputy Governors, including their joining/retirement/relinquishing charge; Work relating to constitution of Central Board/Local Board; Providing administrative support, including IT related, to the top management, including staff support and various non-establishment payments; Providing administrative support and making non-establishment payments on behalf of Secretary's Department, Internal Debt Management Department, Financial Stability Unit, Financial Markets Regulation Department, Financial Markets Operations Department, Department of Communication and Monetary Policy Department (limited administrative support for this department); Work relating to reservation of the VVIP Guest House; Administrator to the Reserve Bank of India Employees' Provident Fund. Initially, the Department was tasked with the responsibility of imposing monetary penalties for violations by the Scheduled Commercial Banks (SCBs) under Section 47A of the Banking Regulation Act, 1949, (B.R. StCBs/DCCBs, which are part of short-term co-operative credit structure, are registered under the provisions of State Cooperative Societies Act of the State concerned. This document is the property of RBI Tech. Vetting of circulars, directions, regulations and agreements for the various departments of the Reserve Bank. THIRUVANANTHAPURAM . 9. The present communication channels used by DoC for dissemination of information are: Press releases, press summaries of reports and publications, speeches of Governor/Deputy Governors and rejoinders; Press conferences, economic editors’ conferences and media briefings; Meetings/interviews of press persons with the Reserve Bank officials; As a 360-degree communication process, the Reserve Bank actively seeks feedback from stakeholders on regulations through its website. Policy formulation in respect of payment and settlement systems, Authorisation of payment and settlement systems/operators, Regulation of payment and settlement systems, Supervision and monitoring of payment and settlement systems, Laying down standards for payment and settlement systems, Designing, developing and integrating payment system projects of national importance and / or facilitating such implementation, Implementation of the international principles relating to payment systems as enunciated by the Bank for International Settlements. Information Technology. Streams of Inspection in the Reserve Bank. Note Processing Operations: Monitoring soiled notes accumulated at currency THIRUVANANTHAPURAM . Human Resource Management Department; Name Designation Telephone E-mail ID; Smt. The origin of the Department of Communication could be traced to the Division of Publications and Press Relations in the then Economics Department way back in 1960’s. Managing litigation on behalf of the Reserve Bank and the Deposit Insurance and Credit Guarantee Corporation (DICGC). The main function of the Vigilance Unit is to undertake preventive vigilance and anti-corruption measures as also investigate complaints /allegations having vigilance angle (as defined by the Central vigilance Commission) against the employees of the Bank. Presently, the following types of inspections are carried out/co-ordinated by the Department. Priyadarshini Joseph: Deputy General Manager: 022-22704811: e-mail : Banking Department; Name Designation Telephone E-mail ID; Shri Aridaman Kumar: General Manager: 022-22618288: e-mail: Public Debt Office; Name Designation Telephone E … The current thrust-areas of the Department are as follows: Promoting greater environmental consciousness, conserving resources like energy and water and auditing the use of these resources. Human Resource Management Department . According to the Reserve Bank of India Act, 1934, “...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 stability while keeping in mind the objective of growth". These are carried out either at the directions of Central Board/Audit and Risk Management Sub-Committee (ARMS)/Information Technology Sub-Committee (ITSC)/Top Management or on receipt of request from the Business Owner Departments/User Departments/Department of Information Technology (DIT) or as felt necessary by the Department considering the criticality/importance of operations/systems. Reserve Bank of India, Human Resource Management Department 6, Sansad Marg New Delhi - 110 001: Reserve Bank of India, Human Resource Management Department, P.B.No. supply of currency notes and withdrawal of currency notes and The Department frames policies and guidelines on physical infrastructure, acquisition, maintenance, consolidation and disposal of office and residential space. The main functions of FSU are: Conduct of macro-prudential surveillance of the financial system on an ongoing basis, Preparation of financial stability reports, Development of a time series of a core set of financial indicators, Conduct of systemic stress tests to assess resilience and, Development of models for assessing financial stability. Augmentation, replacement and upgradation of IT infrastructure on a continuous basis. Note: The work of computation and dissemination of reference rate for USD/INR and exchange rate of other major currencies which was earlier done by the department has been taken over by Financial Benchmarks India Private Limited (FBIL) with effect from July 10, 2018. Nirmaladevi Marg, CBD Belapur, Navi Mumbai-400 614 before 1700 hrs. The PSS Act as well as the Payment and Settlement System Regulations, 2008 framed under the Act came into effect from August 12, 2008. Research: To provide policy, analytical and technical inputs for various committees and conferences including State Finance Secretaries conference. Human Resource Management Department (HRMD) essentially facilitates the Reserve Bank's central banking activities by (i) creating an enabling environment to enhance the efficiency of the organisation (ii) drawing out from the staff the very best by a system of proper placements, incentives, and (iii) creating an atmosphere of trust, a certain security of expectations and a feeling that the organisation cares about the well being and personal aspirations of the staff. 2. The Reserve Bank’s relations with international institutions/country groupings, such as, International Monetary Fund(IMF), Bank for International Settlements(BIS), Financial Stability Board(FSB), G20, Brazil, Russia, India, China and South Africa (BRICS), South Asian Association for Regional Cooperation Finance(SAARCFINANCE), Committee on Payments and Market Infrastructures (CPMI), Committee on the Global Financial System(CGFS), World Bank, World Trade Organization(WTO), Asian Development Bank (ADB), etc. The department supports and encourages academic research across the country through RBI Professorial Chairs, fellowships and sponsoring of research projects and studies. Security Related Operations: Making policy with regard to security arrangements Department of Co-operative Banking Regulation. Human Resource Management Department Thiruvananthapuram. Telephone : 22671400 However, complaints involving violations of regulations are examined for possible enforcement action based on scrutiny findings by the concerned supervisory department. The Reserve Bank’s initiatives at capacity building for officials of other central banks and managing exposure visits for delegates of foreign institutions/market participants/universities, etc. Manisha M. Borse Manager Email : manishamborse@rbi.org.in. Tariqa Singh: Deputy General Manager: 0135-2742454: 0135-2742452: e-mail: Smt. The Financial Markets Regulation Department (FMRD) has been set up on November 3, 2014 with a mandate to regulate, develop and oversee financial markets. In order to create greater awareness and participation of the public at large, the Commission has envisaged a concept of “Integrity Pledge” to enlist support and commitment of the citizens and other corporates/entities/firms, etc., especially in the private sector, to prevent and combat corruption. Framing the Reserve Bank’s views on issues of policy relevance in international economic cooperation, including those on regulatory issues and central bank currency swaps, etc. April 14, 2015 Dear All Welcome to the refurbished site of the Reserve Bank of India. f) To continuously review the appraisal system in order to make it an effective tool for HRD policy management, h) To oversee the Reserve Bank’s training establishments (namely, Reserve Bank Staff College, Chennai and College of Agricultural Banking, Pune besides Zonal Training Centres at Chennai, Kolkata, Mumbai and New Delhi) and revitalise training functions, i) To administer Staff Suggestion Scheme.