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What is the role of SBI in RBI?

Updated: 9/18/2023
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13y ago

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State Bank of India (SBI) is the largest nationalized bank in India but it does not perform any role when it comes to Reserve Bank of India (RBI).

The RBI is an independent entity that takes policy decisions with respect to Banking in India and SBI along with all other banks in India have to adhere to the guidelines set up by RBI.

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Q: What is the role of SBI in RBI?
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