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Reserve Bank of India
Reserve Bank of India or RBI is the Central Bank of India. RBI was established in 1935, 1st April. RBI is entrusted with the monetary stability, the management of currency and the supervision of the financial as well as the payments system of India.
134 Questions
Is reserve bank of India a commercial bank?
No. Reserve Bank of India is the central bank of India. It is not a regular commercial bank. It supervises and regulates the working and operations of all commercial banks in India. It has been in existence since the British Rule in India.
Who has 9 consecutive seasons hitting 30 hr 100 rbi and 300 average in first 9 years?
Pujols, mantle, dimaggio
How do you calculate net NPA ratio in reserve bank of India?
The NPA is a Non Performing Asset as defined by the Reserve Bank of India. To calculate the Net NPA you take the Gross NPA minus the balance of a suspense account, DICGC claims, part payments received, and the provisions held.
What is the name of the island where Ripley RBI Academy is based?
BION island (Believe it or not Island)
If you want to know more about the RBI series, then search 'Why you should read the RBI series' on Youtube.
Can icreate a new account in Reserve Bank of India now?
No individual can have an account with RBI. Reserve Bank of India supervises/oversees the banking operations of all banks in India. They are responsible for the proper functioning of all the banks and they are also the lender to the banks (The place where banks go to borrow money if they are short of funds). They also decide the lending and deposit rates for all banks in the country.
They are not a normal bank to provide bank accounts to customers.
How much money can RBI print in one year?
unlimited is controlled mainly by amount of money RBI wants to be there in market. gold standard is gone. money is printed by taking in account of supply and inflation.
