English, asked by NILUKUMAR, 9 months ago

Define the relationship between Reserve Bank of India with all Commercial Banks.​

Answers

Answered by sumeetmalu65
2

Answer:

The relationship between RBI (India's Central Bank) and the Commercial Banks should be seen from the legal and regulatory angle. ... The RBI is the monetary authority of India and supervises all the banks (nationalised banks, banks in the private sector and co-operative banks) under its jurisdiction.

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Answered by roshansharma17
0

Answer:

Answer: The relationship between RBI (India's Central Bank) and the Commercial Banks should be seen from the legal and regulatory angle. ... The RBI is the monetary authority of India and supervises all the banks (nationalised banks, banks in the private sector and co-operative banks) under its jurisdiction.

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