In what ways does the Reserve Bank of India supervise the functioning of banks? Why is this necessary?
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Answer: The Reserve Bank of India supervises the functions of banks in the following ways: It monitors the banks in actually maintaining cash balance. It ensures that the banks give loans not just to profit-making businesses and traders but also to small cultivators, small scale industries, to small borrowers etc
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Answer:
The Reserve Bank of India supervises the functions of banks in the following ways: It monitors the banks in actually maintaining cash balance. It ensures that the banks give loans not just to profit-making businesses and traders but also to small cultivators, small scale industries, to small borrowers etc.
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