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Wikipedia: A central bank, reserve bank, or monetary authority is a banking institution granted the exclusive privilege to lend a government its currency. Like a normal commercial bank, a central bank charges interest on the loans made to borrowers, primarily the government of whichever country the bank exists for, and to other commercial banks, typically as a 'lender of last resort'. However, a central bank is distinguished from a normal commercial bank because it has a monopoly on creating the currency of that nation, which is loaned to the government in the form of legal tender.
![[Reserve Bank of India Headquarter in Mumbai]](http://images.ookaboo.com/photo/s/RBI_Tower_s.jpg "Reserve Bank of India Headquarter in Mumbai")
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