Easy type answers 1 how reserve bank of India keeps a check on the fun – InterviewSolution

1.	Easy type answers 1 how reserve bank of India keeps a check on the functioning of banks?
Answer» The Reserve Bank of India CHECKS that the banks actually a maintain a minimum CASH balance out of the deposits they receive ( currently this is 15 %) . The banks to PERIODICALLY submit information to the Reserve Bank of India on how much they are lending to whom , at what INTEREST RATE , etc .

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