What is means with reserve bank of india for credit control?
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The various methods employed by the RBI to control credit creation power of the commercial banks can be classified in two groups, viz., quantitative controls and qualitative controls. Quantitative controls are designed to regulate the volume of credit created by the banking system qualitative measures or selective methods are designed to regulate the flow of credit in specific uses.
I. Quantitative Method
II. Qualitative Method
I. Quantitative Method
II. Qualitative Method
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Credit control is an important tool used by Reserve Bank of India, a major weapon of the monetary policy used to control the demand and supply of money (liquidity) in the economy. ... Such a method is used by RBI to bring "Economic Development with Stability".
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