Social Sciences, asked by sofia2130, 4 months ago

Which Bank Is Called bankers Bank Of India?
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Answers

Answered by KimBunny
4

Answer:

Reserve Bank Of India

In India, Reserve Bank Of India or RBI is known as the banker's bank. It is so called because it acts as a bank for all the commercial banks in India. RBI holds their cash reserves, lends them short -term funds and provides them the central clearing and remittances facilities.

Answered by Anonymous
5

Answer:

Reserve Bank Of India.

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