Central Bank Functions, Importance & Regulations | Sameer Shetty & Neeraj Gambhir | Open Dialogue

Presenting Part 2 of our Open Dialogue Podcast on "Central Banks: Guardians of the Economy."
Explore the functions of central banks like monetary policy, cheque clearing process, banking payment systems & much more. Get deeper into the video to know the role of the central bank in economic development.
This podcast further explores everything from RBI rules for cheque clearing to the importance of the central bank in money creation. Learn about the central bank balance sheet and explore its assets & liabilities like reserves, assets backing currency and foreign exchange reserves. Discover the evolution of central banking and unique structures like the US Federal Reserve. If you want to know the function of the central bank in economics, this video is your one-stop shop. Please do subscribe the channel to stay updated with our latest developments.

Chapters:
00:00 - Introduction to Central Bank Functions
02:55 - Evolution of Central Banking & Cheque Clearing Process
06:36 - Structure of the Federal Reserve
10:35 - Central Bank Money Creation
13:45 - Importance of Central Banks in Economic Development
17:20 - Role of Central Banks in Banking Payment Systems
20:48 - Regulatory Aspect of Central Bank
23:29 - Central Bank Balance Sheet
27:52 - Central Bank Settlement Process
32:10 - Function of Central Banks in Economics
36:15 - Impact of Central Banks on Global Financial Systems
39:52 - Analyzing Central Bank Policies
43:28 - Challenges Faced by Central Banks
47:05 - Future of Central Banking
50:30 - Conclusion and Key Takeaways

Speakers: 
- Sameer Shetty - President & Head, Digital Business & Transformation, Axis Bank
- Neeraj Gambhir - Group Executive, Treasury, Markets & Wholesale Banking Products – Axis Bank