PPT-Bank reserves:

Currency held by banks in their vaults plus their deposits at Federal Reserve Banks Required reserves Funds that a depository institution must hold in reserve against specified deposits as vault cash or deposits with Federal Reserve Banks . Pune 25 Dena Bank 26 ICICI Bank 27 HSBC Bank 28 Kotak Mahindra Bank as ben eficiary 29 Development Bank of Singapore DBS as Beneficiary 30 NKGSB Co op Bank 31 IndusInd Bank Ltd 32 Punjab National Bank 33 Bank of India 34 South India Bank Ltd brPage 17. Shane Murphy. s.murphy5@lancaster.ac.uk. Office Hours: Monday 3:00-4:00 – LUMS C85. Outline. Roll Call. Problems. Chapter . 26: . Problem 3. Your uncle repays a loan from a bank by writing a . cheque. Two polar cases. Fixed (pegged) exchange rates. CB buys or sells reserves to maintain a set price of foreign exchange. Flexible exchange rates. CB does not intervene in market for foreign exchange. and . Finance,and. the Crisis of 2008 . Course logistics. Problem sets:. Pset. 1 due at start of class Wednesday. It is “ungraded,” meaning we only check that you did it . Rules on working together: See course web site. Supervise a nation’s money supply and payments system.. Act as the chief regulator of the nation’s financial institutions. Be “lender of last resort” when financial system has liquidity problems.. THE MONETARY ROLE OF BANKS. More than half of M1 consists of currency in circulation.. The rest of M1 consists of bank deposits, which are a major component of the money supply.. Although we are fascinated by large sums of currency, people use checkable deposits for most transactions. 9/17. Cash. Money at Fed. Investments . Loans. Assets. Liabilities & Capital. DEP. Other borrowings. Retained earnings. Paid-in capital . . . The Fed’s Toolbox. Slide 1: Vocabulary. Bank . reserves – . The sum of cash that banks hold in their vaults and the deposits they maintain with Federal Reserve Banks.. Required reserves . –. . Nancy Virgil-Call. Rose Patterson. navirgil@utica.edu. rpatter@utica.edu. Outline. Course reserves. Fair use and copyright. Getting permission. Good Faith. Submitting course . reserves. Questions/More information. Money and the Banking System What Is Money? What is Money? Money is whatever is generally accepted in exchange for goods and services — accepted not as an object to be consumed but as an object that Australia Commonwealth Bank Statement Template. Fully customizable MS Word file. Put any Name, Account No., etc. to make personalized bank statement. USA First Century Bank statement psd template. Fully customizable layered PSD file. Put any Name, Account No., etc. to make your personalized bank statement. Germany Wirecard Bank statement psd template. Fully customizable layered PSD file. Put any Name, Account No., etc. to make personalized bank statement. Lloyds Bank Statement Template. Fully customizable MS Word file. Put any Name, Address, Account No., etc. to make personalized UK bank statement.