how RBI controls formal sector
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1) The Reserve Bank of India supervises the functioning of formal sources of loans. 2) The RBI monitors the banks in actually maintaining minimum cash ...
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The Reserve Bank of India (RBI) supervises all formal sources of credit or loan approvals or disbursements in India.
This is the Central Bank of India.
Commercial Banks are also required to hold the part of their cash with Reserve Bank of India maintaining a minimum said type of cash out deposits and banks also has to submit the lending information details to the Reserve Bank of India to ensure the bank gives loans to everyone in need.
This is the Central Bank of India.
Commercial Banks are also required to hold the part of their cash with Reserve Bank of India maintaining a minimum said type of cash out deposits and banks also has to submit the lending information details to the Reserve Bank of India to ensure the bank gives loans to everyone in need.
psudhayaamurthy:
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