Business Studies, asked by soumyasitak2593, 9 months ago

How does reserve bank of india surprise the functioning of banks why is it important?

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Answered by Anonymous

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.

Answered by Anonymous

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.

Explanation:

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