EDUPUB®publishes books, book chapters, research papers and conference proceedings.

editor@pen2print.org

LightBlog

Breaking

Thursday, 28 June 2018

Reserve financial institution of India (RBI)


The country did not have a central bank for a prior to RBI. The RBI is chief economic and banking governing body of India. It controls the Indian banking system. It is referred to as the Reserve financial institution because it maintains the cash-reserves for the commercial banks.