RBI(Reserve Bank of India)
NABARD stands for the National Bank for Agriculture and Rural Development. The function of this establishment is to mandate the flow and promotion of agriculture in India.
EXIM, otherwise known as the Export-Import Bank of India, is the country's primary financial institution. The bank's function is to finance and facilitate foreign trade for the country.
Central banks are the regulator or supervisors of banking operations in a country. All member banks that operate in a country have to follow the rules laid down by them. For Example Reserve Bank of India is the central bank in India and Federal Reserve is the central bank in USA
Bank of India is a Nationalized Public Sector Bank in India with majority stake being held of Government of India
the bankers bank in India is RESERVE BANK OF INDIA known as RBI
Q:describe the function of the international bank ?
The Reserve Bank was created in the year 1935 and was owned by the government that ruled the country (British). Later once, India got its independence, the government of India took over control of this bank. It is the central bank of India whose purpose is to regulate the issue of bank notes, to keep reserves with a view to securing monetary stability in India and generally to operate the currency and credit system in the best interests of the country.
State bank of India
Reserve Bank of India is the Apex bank in India that governs and controls banking operations in India. In terms of large banks in India that provide Retail Banking facilities, State Bank of India is the Apex Bank.
The largest bank in India is State Bank of India. State Bank of India is a government bank. The Government of India owns the bank and controls the functioning of the bank. All employees of SBI are considered government employees and they are directly answerable to the government of India.
State Bank Of India