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Reserve Bank of India. Reserve Bank of India is the institution that governs the operations of all commercial banks that operate in India. It has its head office in Delhi and has regional offices in major cities. All banks that operate within the borders of India, have to adhere to the guidelines laid down by RBI.
They set policies like:
1. Minimum Deposit Rates
2. Loan Rates
3. Cash Reserve Ratio and other regulatory ratios
4. etc
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