what is full form of SBI
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QUESTION -
what is full form of SBI?
ANSWER -
SBI- State Bank of India
The State Bank of India acts as an agent of the ReserveBank of India and performs the following functions:
- Lends money:- It lends money to merchants and manufacturers for short periods.
- Banker's Bank:-The State Bank of India acts as the banker's bank. In discharging this responsibility, the bank provides loans to commercial bank when required and also rediscount their bill.
- Government's Bank:- The State Bank of India also acts as the agent of the Reserve Bank of India.
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44
Answer:
Full form of SBI is State Bank of India.
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