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What is Banking Principles and Practices Overview about?
The document discusses principles and practices of banking in India. It provides details on: 1) The roles and functions of the Reserve Bank of India (RBI), which acts as the central banking authority. Key functions include monetary control, bank supervision, and management of government debt. 2) Tools used by RBI for monetary control, including cash reserve ratio (CRR), statutory liquidity ratio (SLR), bank rates, open market operations, and selective credit control. 3) Historical aspects of banking in
- Author
- Paavni Sharma
- Language
- EN