Banks are financial institutions that can make or break an economy. Unsupervised and uncontrolled behavior from banks can spell doom to the economy and for the customers as well. Hence central banks like the Reserve Bank in India or the Federal Reserve in USA monitor the functioning of all banks in their jurisdiction and ensure that they function in a just fashion and customers stand to benefit at all times. Each country has a central bank that supervises the banks that operate in that country.
function of public sector in india
The main function of the central banks is to supervise the functioning of the member banks in the country. for example the Reserve Bank of India - RBI supervises the functioning of all the banks in India like state bank, icici, hdfc etc
1)it is banker to banks 2)lender to the banks
Main propulsion is the function of the marine main engine.
The main function of the kitchen is the stove
THE main function of grimpsy is a port
roles of foreign banks
Main propulsion is the function of the marine main engine.
1. Public sector banks 2. Private banks 3. Foreign banks
what is the main function of the US senate?
chess in the main function