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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.
Wiki User
∙ 10y ago
Wiki User
∙ 13y agoNo. Reserve Bank of India (RBI) is the central bank of India. State Bank is one of the member banks
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Which bank in India performs duties of central banks?
state bank of india
Is it union bank of India a government bank?
The State Bank of India is the largest bank in India and second largest in the world. Its a Public Sector Bank with the Reserve Bank of India having 60% stake in it. SBI was natonalised in 1955 by the Government of India.
How do you find customer id in central bank of India?
You should ask the Central Bank of India not Answers.com
Which are the nationalised banks in Tamil Nadu?
There are 28 presently nationalised banks in India. 1. State Bank of India 2. Bank of India 3. Indian Bank 4. Indian Overseas Bank 5. Canara Bank 6. Union Bank of India 7. Corporation Bank 8. IDBI 9. State Bank of Travancore 10. State bank of Hyderabad 11. Allahabad Bank 12. Oriental Bank of Commerce 13. State Bank of Rajashthan 13. Bank of Maharashtra 14. United Bank of India 15. Dena Bank 16. Bank of Baroda 17. State Bank of Patiala
When Imperial Bank was named as State Bank Of India?
State Bank of India was originally called the Imperial Bank of India and was established in the year 1806 when the British ruled India. Later when India got its independence, the government of India, took over control and was nationalized and renamed to State Bank of India.on 1st July, 1956, Imperial bank was named as State Bank of India.
Which bank in India performs duties of central banks?
state bank of india
Chairman of central bank of India?
who is chairman of central bank of india
Name the central bank of India?
central co-operative bank
How many branches of central bank of India in bihar?
How many branch of central bank of India
When was Central Bank of India created?
Central Bank of India was created on 1911-12-21.
What is the name of central bank of India?
reserve bank of India
Is it union bank of India a government bank?
The State Bank of India is the largest bank in India and second largest in the world. Its a Public Sector Bank with the Reserve Bank of India having 60% stake in it. SBI was natonalised in 1955 by the Government of India.
How do you find customer id in central bank of India?
You should ask the Central Bank of India not Answers.com
Which bank has the largest no of branch and ATM in India?
State bank of India
Which are the nationalised banks in Tamil Nadu?
There are 28 presently nationalised banks in India. 1. State Bank of India 2. Bank of India 3. Indian Bank 4. Indian Overseas Bank 5. Canara Bank 6. Union Bank of India 7. Corporation Bank 8. IDBI 9. State Bank of Travancore 10. State bank of Hyderabad 11. Allahabad Bank 12. Oriental Bank of Commerce 13. State Bank of Rajashthan 13. Bank of Maharashtra 14. United Bank of India 15. Dena Bank 16. Bank of Baroda 17. State Bank of Patiala
The largest public sector Commercial Bank of India is the?
State Bank Of India
Who founded the RBI?
Central bank of india was founded the reserve bank of india
