Is reserve Bank of India did not practice any control over commercial bank what should be impact in have on money and credit system?
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RBI controls the- -commercial banks through the fallowing measures (i) RBI Fixes the Bank Rate and Repo Rate Bank rate is the interest rate at which the RBI, lend funds to other commercial banks in the country, It is also called the discount rate, In older to control the supply of currency in the economic system RBI ...
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It will get loss
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