BANKER TO BANKS

Like individual consumers, businesses and organisation of all kinds, banks need their own mechanism to transfer funds and settle inter-bank transaction-such as borrowing from and lending to other banks-and customer transactions. As the banker to banks, the Reserve Bank fulfills this role.


Jun 13, 2000
Changing Role of RBI: Agenda for Attention - Dr.Y.V.Reddy,at Indian Merchants Chamber, Mumbai, on June 13, 2000. 47 kb
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