Question

What is RBI? Its function...​

Answer 1

Answer:

RBI is known as Reserve Bank of India it legalize the currency in India and also help Banks by giving them loans.

Answer 2

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RBI or Reserve Bank of India

Reserve Bank of India is India's Central banking and Monetary Authority.

RBI regulate loans offered by banks and non banking financial institutions to government entities, businesses, and consumers and controls the availability of funds in the financial system for credit.