It manages the money supply and interest rates depends on demand used by the government of India to achieve macro-economic objectives like inflation, deflation, consumption, liquidity of money and growth. RERP Rate: The rate of interest charged by the central bank on the cash borrowed from commercial banks. The primary objectives of RBI are to supervise and undertake initiatives for the financial sector consisting of commercial banks. In India, the banking sector was made as an interesting case study by several factors. At first, through the objective of profitability, productivity, and enhancing.
Related VideosState Bank of India - History of SBI - Objectives - Functions - Indian Banking System Request For Callback Send. In India, the banking sector was made as an interesting case study by several factors. By parul chovatiya. Nowadays banks have moved from disbursed to a centralized environment, which shows the impact of IT on banks. Moreover, it has been directed to take care of agriculture, industry, export promotion etc. Its task was to promote the economic growth of the country through various frameworks banking system in india objectives economic policies of the government.
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