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Is speculation allowed by RBI in India?

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Anonymous

∙ 12y ago
Updated: 12/18/2022

No, please carry on ... :p

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Wiki User

∙ 12y ago
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Related Questions

Who can open an account in RBI?

RBI is the regulator or supervisors of banking operations in India. Individuals cannot have bank accounts with them. Only banks that are authorized to provide banking services in the country are allowed to have accounts with the Reserve Bank


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State Bank of India (SBI) is the largest nationalized bank in India but it does not perform any role when it comes to Reserve Bank of India (RBI). The RBI is an independent entity that takes policy decisions with respect to Banking in India and SBI along with all other banks in India have to adhere to the guidelines set up by RBI.


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