Economy, asked by foodie1391, 9 months ago

Commercial Banks are required to hold part of
their cash reserves with Reserve Bank of India,
besides maintaining a minimum cash balance out
of the deposits they receive. (can someone explain this para??)​

Answers

Answered by princessnayak9
0

Answer:

It means RbI always watch how commercial banks have cash reserves , how cash balance is , how they should be deposited etc

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