A central bank, reserve bank, or monetary authority is the entity responsible for the monetary policy of a country or of a group of member states. Its primary responsibility is to maintain the stability of the national currency and money supply, but more active duties include controlling subsidized-loan interest rates, and acting as a "bailout" lender of last resort to the banking sector during times of financial crisis (private banks often being integral to the national financial system). It may also have supervisory powers, to ensure that banks and other financial institutions do not behave recklessly or fraudulently. =Most richer countries today have an "independent" central bank, that is, one which operates under rules designed to prevent political interference. Examples include the European Central Bank and the U.S. Federal Reserve. Some central banks are publicly owned, and others are privately owned. In practice, there is little difference between public and private ownership, since in the latter case almost all profits of the bank are paid to the government either as a tax or a transfer to the government.==Shani......=
because it it seen as the main (central) bank, so it is known as the bank of (all) banks.
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 ECB, is also know as the European Central Bank. Obvious as it sounds, it is the Central bank for the Eurozone
central bank is a bank that make the monetary policy of the country....
The Federal Reserve Bank is the central bank of the US.
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 manager name
Banco Central Do Brasil (Central Bank of Brazil)
Central Bank of Tunisia was created in 1958.
Central Bank of Azerbaijan was created in 1992.