In addition to the issuance of currency, the Reserve Bank is also entrusted with the responsibilities relating to distribution of coins. BIS Review 76/2007  1  The Reserve Bank has been assigned some responsibilities in several statutory bodies such as public sector banks, development finance institutions governing Agriculture, Housing and Deposit Insurance, etc.
In particular, such adjustments became necessary to counteract the sequence of external shocks that, between summer 2015 and summer 2016, have created headwinds for the euro area economy, thereby slowing down the firming of its recovery.