Reserve Bank of India os controlling sector loan
Anonymous:
The Reserve Bank of India (Reserve Bank of India) supervises the functioning of formal sources of credit/loan in India. Reserve Bank of India is the Central Bank of India.
(i) Commercial Banks are required to hold part of their cash reserves with Reserve Bank of India, besides maintaining a minimum cash balance out of the deposits they receive.
(ii) Reserve Bank of India sees that the banks give loans not just to profit making business and traders but also to small cultivators, small-scale industries to small borrowers, etc.
(iii) Banks have to submit the lending information details to the Reserve Bank of India to ensure that the bank give loans to all kinds of customers
(iii) Banks have to submit the lending information details to the Reserve Bank of India to ensure that the bank give loans to all kinds of customers
Answers
Answered by
2
yes it is
it checks the minimum cash balance
hope it was helpful plz mark as brainliest thank you
it checks the minimum cash balance
hope it was helpful plz mark as brainliest thank you
brainliest please
ok bro
thanks
hmm
Answered by
1
What is the question, pls explain properly.
u don't need to answer him bro
Caz I answered
Does that even matter lol
hahah
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