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What is the role of the reserve bank of India in international trade?
Wiki User
∙ 12y ago
Reserve Bank of India supervises/oversees the banking operations of all banks in India. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds). They also decide the lending and deposit rates for all banks in the country.
Wiki User
∙ 12y ago
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When was Reserve Bank of India created?
Reserve Bank of India was created on 1935-04-01.
What is the full form of RBI?
reserve bank of India
What do you mean by Custodian of foreign exchange reserve?
the central bank maintains foreign exchange reserves in order to promote international trade and stabilise exchange rates
Who governed the Money Supply?
Reserve bank of India
Who has the sole right to issue paper currency in India?
Reserve Bank of India (RBI)
How many reserve banks in India?
branches of reserve bank in India
Which was the first bank of India?
The Reserve Bank of India
What is the bank of the government of India?
Reserve bank of India
When was Reserve Bank of India created?
Reserve Bank of India was created on 1935-04-01.
When reserve bank of India established?
reserve bank was established in 1952
Reserve bank of India established?
reserve bank was established in 1952
Indias biggest bank?
Reserve bank of India is the Banker to the Banks. Reserve bank of india,is not open for normal customers.For customers, the biggest bank is State Bank of India.
What is the name of central bank of India?
reserve bank of India
Which bank is called Bankers Bank in India?
the bankers bank in India is RESERVE BANK OF INDIA known as RBI
Regulation of bank in India?
RBI - Reserve Bank Of India regulates the banks in India.
Is reserve bank of India a commercial bank?
No. Reserve Bank of India is the central bank of India. It is not a regular commercial bank. It supervises and regulates the working and operations of all commercial banks in India. It has been in existence since the British Rule in India.
What does RBI stands for in India?
Reserve Bank of India.
