Which bank is the Banker of the Banks?
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4
Answer:
Explanation:
reserve bank of india as it supplies money to all the banks.
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11
Answer:
Answer:reserve Bank of India
Answer:reserve Bank of IndiaAs an apex bank, RBI acts as as the banker's bank also. All the commercial banks in India are supposed to keep a cash reserve ratio with this bank. Commercial banks create credit.
Answer:reserve Bank of IndiaAs an apex bank, RBI acts as as the banker's bank also. All the commercial banks in India are supposed to keep a cash reserve ratio with this bank. Commercial banks create credit.
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