Question

Explain the role of reserve bank of india as the lender of

Answer 1

A lender of last resort is an institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse.
Reserve bank, the central bank of india provides loans to the commercial banks.
So, reserve bank act as the lender of the last resort...
It is one of the feature of reserve bank, the central bank to commercial bank.
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Answer 2

Answer:

Explanation:

A lender of last resort is an institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse.

Reserve bank, the central bank of india provides loans to the commercial banks.