saving money,you can take asome out of the bank and stilll have money,and give you money
The district central cooperative banks are government banks or private banks.
Primary banks are providing services directly to the people. They perform many functions of opening accounts,accepting deposites,lending,etc.They work under the control of central and reginal banks.
because it it seen as the main (central) bank, so it is known as the bank of (all) banks.
why bank called bank of all banks
The role of the central bank is to control all local banks in a country.
state bank of india
The district central cooperative banks are government banks or private banks.
Primary banks are providing services directly to the people. They perform many functions of opening accounts,accepting deposites,lending,etc.They work under the control of central and reginal banks.
Carel C.A. van den Berg has written: 'The making of the Statute of the European System of Central Banks' -- subject(s): Banks and banking, Central, Central Banks and banking, European Central Bank, European System of Central Banks
Central banks control interest rates by altering the repo rate. Repo rate is the rate at which banks borrow money from the central bank. So if the central bank hikes the repo rate, the banks will automatically hike their lending rates. similarly if the central bank reduces the repo rate, banks will lower their lending rates too.
Central banks control interest rates by altering the repo rate. Repo rate is the rate at which banks borrow money from the central bank. So if the central bank hikes the repo rate, the banks will automatically hike their lending rates. similarly if the central bank reduces the repo rate, banks will lower their lending rates too.
government bank
Bernard Eschweiler has written: 'Rules, discretion, and central bank independence' -- subject(s): Banks and banking, Central, Banks and banking, German, Central Banks and banking, German Banks and banking, History, Monetary policy
because it it seen as the main (central) bank, so it is known as the bank of (all) banks.
Ralph J. Mehnert-Meland has written: 'Central bank to the European Union' -- subject(s): Banks and banking, Central, Central Banks and banking, European Central Bank, European Monetary Institute, European System of Central Banks, Monetary policy
No. Central banks are the regulator or supervisors of banking operations in a country. Individuals cannot have bank accounts with them. Only banks that are authorized to provide banking services in the country are allowed to have accounts with the central banks
Khin Nyo Nyo has written: 'Central banking in Southeast Asia' -- subject(s): Banks and banking, Central, Central Banks and banking