Science, asked by fedalissun88, 6 hours ago

How do reserve bank of India keeps a check on the functioning of banks ?

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Answered by shanisha54

0

Answer:

Answer. Reserve Bank of India (RBI) supervised the banks in the following ways : (i) It monitors the balance kept by banks for day-to-day transactions. (ii) It checks that the banks give loans not just to profit-making businesses and traders but also to small borrowers

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