2006-10-02 23:16:30 · 6 answers · asked by Anonymous in Education & Reference ➔ Other - Education
Its undoubtedly RESERVE BANK OF INDIA (hereafter called RBI). Hon'ble Prime Minister Manmohan Singh was once the Governor of RBI. Every Currency equal and above Rs.10 carries the sign of the governor of RBI. And every bank in India should follow the rules and regulations of RBI. It handles fiscal and monetary problems during inflation and deflation.
2006-10-02 23:23:27 · answer #1 · answered by itsme 1 · 0⤊ 0⤋
The Reserve Bank of India
2006-10-03 00:39:49 · answer #2 · answered by catchme 2 · 0⤊ 0⤋
Reserve Bank of India is a banker's bank in India.
2006-10-02 23:58:28 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Normally, every country has some kind of a "central bank" that acts as the banking sector regulator in that country. In India, Reserve Bank of India (RBI) is the central bank and the regulator. Hence, you may say it's the banker of banks.
2006-10-02 23:39:50 · answer #4 · answered by Anonymous · 0⤊ 0⤋
RESERVE BANK OF INDIA.
2006-10-02 23:20:03 · answer #5 · answered by saumitra s 6 · 0⤊ 0⤋
Hi...
SBI !
2006-10-02 23:18:57 · answer #6 · answered by suresh k 6 · 0⤊ 0⤋