Reserve Bank of India in controlling …

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Reserve Bank of India in controlling sector loans

Posted by Anand Chaudhary 6 years, 10 months ago

CBSE > Class 10 > Social Science

2 answers

Puja Sahoo? 6 years, 10 months ago

Kya explain krna hai kya.....???

3Thank You

Anushka S 6 years, 10 months ago

1) The Reserve Bank of India supervises the functioning of formal sources of loans. 2) The RBI monitors the banks in actually maintaining minimum cash balance out of the deposits they receive. 3) Similarly, the RBI sees that the banks give loans not just to profit-making businesses and traders but also to small cultivators, small scale industries, to small borrowers etc. 4) Periodically, banks have to submit information to the RBI on how much they are lending, to whom, at what interest rate, etc.

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