As of my last knowledge update in January 2022, the Reserve Bank of India (RBI) is the central banking institution in India, and it plays a crucial role in formulating and implementing monetary policy.
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Please note that regulations may be subject to change, and it’s advisable to check the latest information from official sources for the most upto-date details. As of my last update, here are some key aspects of RBI regulations.1
Note
References
1Ravesia S, Tiwari M, Vidani J. A Study on Credit Facilities by Private Sector Banks in India. Journal of Advanced Research in Accounting and Finance Management. 2024;6(1):1-11.
2Ravesia S, Tiwari M, Vidani J. A Study on Credit Facilities by Private Sector Banks In India. Journal of Advanced Research in Accounting and Finance Management. 2024;6(1):1-11.