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If consider the functionality or the roles in banking industry, only to very limited extend, there is nothing wrong to consider the Reserve Bank of India as Central Bank or Apex Bank with a connotation as Bankers' Bank. But, in these days, Reserve Bank of India is much more than these two terms.
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Why is the central bank called the bank of banks?
why bank called bank of all banks
Why is central bank called the bank of banks?
because it it seen as the main (central) bank, so it is known as the bank of (all) banks.
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Why is the central bank called the bank of banks?
why bank called bank of all banks
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Why is central bank called the bank of banks?
because it it seen as the main (central) bank, so it is known as the bank of (all) banks.
What metal is used for the pipes used in central heating?
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The central bank of the US is often called the banks' bank What is it?
The Federal Reserve.
What central bank of the US is often called the banks' bank. What is it?
The Federal Reserve.
The central bank of the US is often called the banks' bank. What is it?
The Federal Reserve.
Which is known as bank of bank?
Usually the central bank of a country is called the bank of banks or the banker of banks. When normal banks have a shortage of cash or need some funds or guidance, they go to the central bank. That is why they are called so. In india, the Reserve Bank of India is the bank of all other banks in India.
Where is the federal reserve bank located?
A central bank, sometimes called the government's bank, is located in Washington, D.C.
What is gold held by the central bank called?
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What types of plumbing products does PEX Plumbing offer?
PEX Plumbing offers PEX - A, PEX - B, and PEX - C tubing. PEX -A is the most expensive out of the three. PEX - B is the most affordable out of the three. Lastly, PEX - C is the cheapest out of the three.
Which central European country is called savings bank of the world?
Switzerland
