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 PJ. A Research Project on: “A Study on Credit Facilities by Private Sector Banks in India.” International Journal of Business and Management Practices. 2024;2(2):213-232. doi:10.59890/ijbmp.v2i2.1242
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. https://www.academia.edu/119791456/A_Study_on_Credit_Facilities_by_Private_Sector_Banks_In_India