Explain the reason for necessity of supervision by Reserve Bank of India of formal sources of loans.

Explain the reason for necessity of supervision by Reserve Bank of Ind

1.	Explain the reason for necessity of supervision by Reserve Bank of India of formal sources of loans.
Answer» answer yaar Please answer my question...? Hii.aradhna...bcoz banks could violate laws and rules and could be involve in malpractices and wrong things so something is needed to supervise for security of people\'s money..