Discuss the role of rbi in indian banking sector.
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RBI supervises the Indian banks in the following manner;
1. The commercial banks are required ro maintain a minimum cash balance out of the deposit they recieve.
2. The RBI monitors that the bank actually maintain cash balance
3. RBI sees that the banks give loans not just to profit making businesses and traders but also to small cultivators, small scale industries, small borrowers.
4. Periodically banks have to submit information to the RBI no how much they are lending to whom, at what interest rate.
1. The commercial banks are required ro maintain a minimum cash balance out of the deposit they recieve.
2. The RBI monitors that the bank actually maintain cash balance
3. RBI sees that the banks give loans not just to profit making businesses and traders but also to small cultivators, small scale industries, small borrowers.
4. Periodically banks have to submit information to the RBI no how much they are lending to whom, at what interest rate.
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