Central
Bank: Functions
01. General
Activities:
(a)
Circulation & Issuance of Notes and Coins
(b) Credit
Control / Inflation or Deflation Control
(c )
Stabilization of Local Currency Value in comparison to Foreign Currency
(d) Act as
the bank of the Government
(e) Bank of
the other Banks
(f) Lender
of last resort for other banks
(g) Act as
Clearing House
(h) Foreign
Exchange Control
(i) CAMELS
rating of Commercial banks
02. Agency
Functions:
(a) Advisor
& delegate of the government
(b) Guardian
of the banks
(c )
Communication with other country's central banks
(d)
Development of the banking sector
(e)
Relationship with other international financial organizations (WB, IMF, ADB,
IDB etc.)
03.
Development Functions: (a) Employment Generation
(b) Research
of Economy and banking sector
(c )
Economic Development
04. Other
Functions:
(a)
Government Bond-Security Purchase and Selling
(b)
Important Information Providing to Local and Foreign Queries
(c )
Changing of Mutilated Notes
(d)
Establishment of Foreign Branches of Banks
(e) Fund transfer as per instruction of the government