Control of RBI Over Non-Banking Financial Companies The RBI can function effectively and implement its fiscal and monetary policies only when the NBFCs are brought under its control.
Selective or Qualitative Credit Control Measures of RBI Under the selective or qualitative credit control methods, the RBI encourages flow of credit only to certain types of industries
Promotional Functions of Reserve Bank of India Various promotional functions performed by the Reserve Bank of India are given below. 1. Promotion of Banking Habit The Reserve Bank
Central Banking Functions or Primary Functions of Reserve Bank of India (RBI) The various primary functions of the Reserve Bank of India are described below: Central Banking /
The traditional functions of Reserve Bank of India includes Issue of Currency, Banker to Govt, Bankers Bank, Credit control Measures, lender of lost resort, exchange control, clearing house
Introduction Chit fund concerns are covered under Chit Fund Act. Chit funds are those business concerns which accept from its customers a fixed amount every month for a
