Social Sciences, asked by maitri3001, 3 months ago

Who supervises the functioning of formal sources of loan?​

Answers

Answered by KANISHSHYAM
3

Answer:

Reserve Bank of India

Reserve Bank of IndiaThe 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.

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Answered by XxMaxLovexX
16

The Reserve Bank of India supervises the functioning of formal sources of loans.

XxMaxLovexX

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