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The Bank of Canada is often referred to as the "banker's bank" because it serves as a central bank that provides financial services to other banks and financial institutions rather than to the general public. It acts as a lender of last resort, offering liquidity to banks during times of financial stress, and facilitates interbank transactions. Additionally, it helps regulate the banking system, ensuring stability and confidence in the financial sector.
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Which bank is called Bankers Bank in India?
the bankers bank in India is RESERVE BANK OF INDIA known as RBI
Which bank is known as bankers bank?
hdfc
What is a group of bankers called?
A Wunch is what a group of bankers are called.
What is bankers name in a demand draft?
The bankers name in a demand draft is the name of the bank from where u purchased the demand draft.
What is the Swift code Bankers Bank?
What is code swit to transfer money from panama to the banker's bank
Which bank is called Bankers Bank in India?
the bankers bank in India is RESERVE BANK OF INDIA known as RBI
Why is the FED called the bankers bank?
why is the FEDs called the Banker's Bank?
Which bank is known as bankers bank?
hdfc
Does Canada have a Federal Reserve Bank?
Yes. It's called the Bank of Canada.
What is a group of bankers called?
A Wunch is what a group of bankers are called.
Bank reconciliation statement is prepared by?
bankers
What is the plural possessive form for bankers?
Bank Deposits - which in other words means several deposits at a bank
What is bankers name in a demand draft?
The bankers name in a demand draft is the name of the bank from where u purchased the demand draft.
What is the advantage and disadvantage of working in a bank?
disadvantages of bankers' acceptances
What is the Swift code Bankers Bank?
What is code swit to transfer money from panama to the banker's bank
Do bankers get commission when they give you a car loan?
Depends on the bank's policy on car loans, whatever the policy maybe, the bankers have to follow it.
Why a bank is called a bank?
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.
