Reserve Banks

Reserve Banks are regional entities that serve as the operational arms of a country's central bank, such as the Federal Reserve in the U.S. They implement monetary policy, supervise banks, and help ensure financial stability. By managing the flow of money and credit, Reserve Banks influence interest rates and overall economic health. They also provide banking services to commercial banks and government agencies. Think of them as the central bank’s local branches, playing a key role in maintaining a stable, functioning financial system across different regions.