State Bank of India (SBI) is the largest nationalized bank in India but it does not perform any role when it comes to Reserve Bank of India (RBI).
The RBI is an independent entity that takes policy decisions with respect to Banking in India and SBI along with all other banks in India have to adhere to the guidelines set up by RBI.
No. RBI is not a regular commercial bank that provides banking services to normal people. You can get loans only from regular commercial banks like SBI or ICICI. RBI will give loans only to the regular commercial banks in India.
To whom I can report the mislead of HDFC Bank?
government securities
to keep liquidity in financial markets
It is in tune with the policy of the government. Even now the role of the RBI has not changed from controller of the entities it regulates. What has changed is the policies of reserve bank of India which are based on terms of liberalisation proposed by the government,
SBI was nationalised in the year 1955 with RBI taking 60% stake
SBI was nationalised in the year 1955 with RBI taking 60% stake
who is governor of rbi?d.subbarao
The headquarters of SBI in India are located in Mumbai, Maharashtra, India. You can find out more information about the SBI online at the Wikipedia. Once on the page, type "State Bank of India" into the search field at the top of the page and press enter to bring up the information.
No. RBI is not a regular commercial bank that provides banking services to normal people. You can get loans only from regular commercial banks like SBI or ICICI. RBI will give loans only to the regular commercial banks in India.
To whom I can report the mislead of HDFC Bank?
government securities
to keep liquidity in financial markets
It is in tune with the policy of the government. Even now the role of the RBI has not changed from controller of the entities it regulates. What has changed is the policies of reserve bank of India which are based on terms of liberalisation proposed by the government,
Mscs/cr/526/2012
SBI was established in 1806
State Bank of India (SBI) was the only public sector bank in India. SBI was nationalised in 1955 under the SBI Act of 1955.