The Reserve Bank of India monitors the cash balance of different bank. The Reserve Bank sees that the banks give loans not just to earn profit but also to the small cultivators and small scale industries. The Reserve Bank of India sees that the different banks periodically submit information to it about how much they are lending to whom and at what interest rate. Such supervision is necessary keep them under control and also to see that there is no mismanagement or misappropriation of any kind in their working.
RBI stands for Reserve Bank of India. It is not a regular bank and so, we cannot say how many of them are there. It has its head office in Delhi and has regional offices in major cities. They supervise the banking operations in India.
branches of reserve bank in India
The Reserve Bank of India is an Indian bank that was created in 1935. It has 2 other branches of their business, Deposit Insurance and Credit Guarantee Corporation of India and Bharatiya Reserve Bank Note Mudran Private Limited.
The Reserve Bank of India
Reserve bank of India
Reserve Bank of India was created on 1935-04-01.
reserve bank was established in 1952
reserve bank was established in 1952
Reserve bank of India is the Banker to the Banks. Reserve bank of india,is not open for normal customers.For customers, the biggest bank is State Bank of India.
It varies from country to country. Every country has a central bank that is the bank for other banks in the country. Ex: Federal reserve system - USA Reserve Bank - India etc
reserve bank of India
Bangco Sentral ng Philipinas or BSP is the Central Bank of Philippines. It was established in 1949 by the Government of Philippines to oversee & supervise banking operations in the country. They perform the role of the Central Bank that supervises all banking operations in the country and is similar to other central banks like Reserve Bank of India, Federal Reserve of USA etc.