Who supervises the functioning of formal sources of loan?
Answers
Answered by
2
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.
hope it's helpful to you ✌️✌️✌️✌️✌️
Answered by
0
Explanation:
The Reserve Bank of India supervises the functioning of formal sources of loans. Functions of Reserve Bank of India. 1.
Similar questions