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
because it it seen as the main (central) bank, so it is known as the bank of (all) banks.
to generate client profit.
The European Central Bank is located in Frankfurt am main, Germany.
The role of the central bank is to control all local banks in a country.
why bank called bank of all banks
The Federal Reserve Bank is the central bank of the US.
central bank is a bank that make the monetary policy of the country....
The Federal Reserve Bank is the central bank of the US.
central co-operative bank
who is chairman of central bank of india
The Central Bank of Myanmar was established on 3 April 1990 under the Central Bank of Myanmar Law.
Yes and No. Actually speaking, there is a bank named Central Bank of India which offers commercial and retail banking services to citizens of India. At the same time, the term Central Bank of a Country refers to the bank that governs all banking operations in a country. If that is what you are referring to by central bank in your question, then Yes, Reserve Bank of India (RBI) is the central bank in the country.
who's the govrnor of the central bank of the bahamas
Central Bank of Tunisia was created in 1958.
Central Bank of Azerbaijan was created in 1992.
Central Bank of Belize was created in 1982.
Central Bank of Angola was created in 1926.