in what ways does R.B.l supervises the functioning of banks ? why is it necessary
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The RBI supervises the functioning of banks in the following ways:
1.The Banks maintain a minimum cash balance out of the deposits they receive .The RBI monitors that the banks actually maintain the cash balance .
2.RBI supervises that the banks gives loans to all people at low rate of interests.
3.Periodically,banks had to submit the information of loan activities to RBI on how much they are lending,to whom they are lending,at what interest rate,etc.
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1.The Banks maintain a minimum cash balance out of the deposits they receive .The RBI monitors that the banks actually maintain the cash balance .
2.RBI supervises that the banks gives loans to all people at low rate of interests.
3.Periodically,banks had to submit the information of loan activities to RBI on how much they are lending,to whom they are lending,at what interest rate,etc.
Hope it helps u...
Please mark it as brainliest...
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