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In the United States, banking supervision focuses on the safety and soundness of the bank and its compliance with consumer protection laws.

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Q: What are the reasons why the state supervises bank?
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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.


Why the states supervises banks?

In the United States, banking supervision focuses on the safety and soundness of the bank and its compliance with consumer protection laws. There are Federal Laws, as well as state laws and the Federal Reserve, that regulate banks. For more information, visit the Related Link.


Which banks merged in state bank of India?

Associate Banks Like State Bank of Saurastra & State Bank of Indore have been merged with State Bank of India


Is bank of bikaner a scheduled bank?

State Bank of India is the largest bank in India and is also a nationalized bank that has many banks that are associated with it (Actually it owns and controls these banks) An Associate Bank of SBI is just a normal bank that can provide any and all banking services to its customers. The only point to note is that, State Bank of India owns and controls them. The associate banks of SBI are: a. State Bank of Bikaner & Jaipur b. State Bank of Hyderabad c. State Bank of Indore d. State Bank of Mysore e. State Bank of Patiala f. State Bank of Travancore Since State bank of Bikaner and Jaipur is a member bank of State Bank of India which is the largest scheduled bank in India, it is a scheduled bank too


Is State of Clifornia a Bank name?

No. The state of California is a state that is one of 50. There is a bank with the name of Union Bank of California.

Related questions

Who supervises the functioning of bank?

RBI


Who supervises the functioning bank?

RBI


Who supervises states legal activities?

supervises state's legal activities


Who is the chairman of state bank of Pakistan?

The Government of Pakistan is the owner of the State Bank of Pakistan. It was established in 1948. It is headquartered in Karachi, Pakistan. It is the central bank of Pakistan that supervises the banking operations in Pakistan


Who supervises the collection of taxes and pays the state's bills?

The State Treasurer


Who supervises the collection of taxes and pays the states bills?

The State Treasurer


Who supervises the legal activity of all state agencies?

attorney genera


Main functions of central bank?

The main function of the central banks is to supervise the functioning of the member banks in the country. for example the Reserve Bank of India - RBI supervises the functioning of all the banks in India like state bank, icici, hdfc etc


What executive department supervises US ambassadors in foreign countries?

i think it is the department of state


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 is the difference between a federal probation officer and a state probation officer?

The only difference is the level of government that they work for. One supervises released violators convicted and sentenced for FEDERAL crimes, the other supervises released violators convicted of STATE crimes.


Why do you want to join for state bank of India?

There are many reasons why someone would want to join the State Bank of India. They could be looking for a challenge.