Question

which government body supervises the functioning of banks in india ? Explain its functions​

Answer 1

Answer:

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Answer 2

Answer:

${\huge{Reserve\: Bank\: of\: India (RBI)$

Explanation:

The Reserve Bank of India (RBI) supervises the functioning of formal sources of credit in India. Two functions of RBI are as listed below: The RBI monitors the banks if they are actually maintaining required cash balance.