They govern the operation of all the banks in the country. They decide the interest rates, deposit rates and also the guidelines based on which banks must operate. The purpose of the central bank is to ensure that the country's economy is stable and the citizen's interests are protected against any unwanted activities by the banks.
Ex: Reserve Bank in India, Federal Reserve in USA etc.
because it it seen as the main (central) bank, so it is known as the bank of (all) banks.
The European Central Bank is located in Frankfurt am main, Germany.
The role of the central bank is to control all local banks in a country.
why bank called bank of all banks
The ECB, is also know as the European Central Bank. Obvious as it sounds, it is the Central bank for the Eurozone
Normally a central bank does not offer insurance policies and therefore does not need actuaries.
Yes Indian bank jobs is a central bank jobs. For more information on central and state govt jobs please visit jobsnexams.com
The US financial system works according to some institution like the Central Bank. The Central bank lend money into existence to the banking institutions.
central bank is a bank that make the monetary policy of the country....
The Federal Reserve Bank is the central bank of the US.
The US financial system works according to some institution like the Central Bank. The Central bank lend money into existence to the banking institutions.
The Federal Reserve Bank is the central bank of the US.
central co-operative bank
who is chairman of central bank of india
Central Bank of Myanmar was created on 1990-07-02.
Yes and No. Actually speaking, there is a bank named Central Bank of India which offers commercial and retail banking services to citizens of India. At the same time, the term Central Bank of a Country refers to the bank that governs all banking operations in a country. If that is what you are referring to by central bank in your question, then Yes, Reserve Bank of India (RBI) is the central bank in the country.
Banco Central Do Brasil (Central Bank of Brazil)