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RBI does not give savings accounts. It is the banker of banks or the central bank of india. Regular banks in india will offer you savings accounts and the interest rate offered currently is 4% per annum.
State Bank of India (SBI) is the largest nationalized bank in India but it does not perform any role when it comes to Reserve Bank of India (RBI). The RBI is an independent entity that takes policy decisions with respect to Banking in India and SBI along with all other banks in India have to adhere to the guidelines set up by RBI.
RBI(Reserve Bank of India)
Usha Thorat
the bankers bank in India is RESERVE BANK OF INDIA known as RBI
Raghuram Rajan
RBI stands for Reserve Bank of India. It is not a regular bank and so, we cannot say how many of them are there. It has its head office in Delhi and has regional offices in major cities. They supervise the banking operations in India.
As of 2014, the current Governor of the Reserve Bank of India is Raghuram Rajan. He is supported by 4 deputy governors and 15 directors.
Because Mumbai is the financial capital of India thats why it is situated in Mumbai.
RBI does not give savings accounts. It is the banker of banks or the central bank of india. Regular banks in india will offer you savings accounts and the interest rate offered currently is 4% per annum.
Reserve Bank of India.
State Bank of India (SBI) is the largest nationalized bank in India but it does not perform any role when it comes to Reserve Bank of India (RBI). The RBI is an independent entity that takes policy decisions with respect to Banking in India and SBI along with all other banks in India have to adhere to the guidelines set up by RBI.
rbi
present CRR is 5.50%..it has decreased from 6% (according to 2012 data)....earlier it was 6% in 2011....
state bank of India
mayor
explain in detail rbi's measures of money supply