why is the FEDs called the Banker's Bank?
Fed
When speaking about financial markets in the US, "The Fed" refers to the Federal Reserve Bank of the United States.
pays the Federal funds interest rate on the loan.
Whenever an economy uses a system of Fiat money, as the U.S. economy does, some agency must be responsible for regulating the system. In the United States, that agency is the Federal Reserve, often simply called the Fed. If you look at the top of a dollar bill, you will see that it is called a "Federal Reserve Note." The Fed is an example of a central bank-an institution designed to oversee the banking system and regulate the quantity of money in the economy. Other major central banks around the world include the Bank of England, the Bank of Japan, and the European Central Bank.The Fed has two related jobs. The first is to regulate banks and ensure the health of the banking system. This task is largely the responsibility of the regional Federal Reserve Banks. In particular, the Fed monitors each bank's financial condition and facilitates bank transactions by clearing checks. It also acts as a bank's bank. That is, the Fed makes loans to banks when banks themselves want to borrow. When financially troubled banks find themselves short of cash, the Fed acts as a lender of last resort-a lender to those who cannot borrow anywhere else-to maintain stability in the overall banking system.The Fed's second and more important job is to control the quantity of money that is made available in the economy, called the money supply. Decisions by policymakers concerning the money supply constitute monetary policy. At the Federal Reserve, monetary policy is made by the Federal Open Market Committee (FOMC). The FOMC meets about every six weeks in Washington, D.C., to discuss the condition of the economy and consider changes in monetary policy.
When the Fed buys Treasury bonds, it increases the amount of deposits in people's bank accounts.The purchase of bonds increases the amount of deposits in people's bank accounts, which enables banks to loan more money
the bankers bank in India is RESERVE BANK OF INDIA known as RBI
hdfc
A Wunch is what a group of bankers are called.
bankers
Bank Deposits - which in other words means several deposits at a bank
The bankers name in a demand draft is the name of the bank from where u purchased the demand draft.
disadvantages of bankers' acceptances
Fed
What is code swit to transfer money from panama to the banker's bank
Depends on the bank's policy on car loans, whatever the policy maybe, the bankers have to follow it.
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.
state bank