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Bank is such places where people can keep their savings with the assurance that they will be able to withdraw money from the deposit if necessary. People who want to borrow money for business and other purposes can also get loans from banks at reasonable interest rates. Besides the traditional functions of the central bank, the Reserve Bank has the function of certain non-monetary nature of bank supervision and promotion of sound bank. With economic growth, assuming a new urgency since Independence, the various functions of Reserve Bank has continued to widen. This institution is formed directly or indirectly by the Reserve Bank to promote the habit of saving and mobilizing savings, and to provide the financial industry and agricultural finance.

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