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. https://d1wqtxts1xzle7.cloudfront.net/115129540/12._jignesh_sir-libre.pdf?1716359027=&response-content-disposition=inline%3B+filename%3DA_Study_on_Study_on_Credit_Facilities_by.pdf&Expires=1733535587&Signature=Bl3ftTJIgsnenfx49zRE6apHOQQEQYWlTqwAC1MUP8qAMl4XHL4hpiyMlZMfrCKq98rumMIGMIKqp96lcn1dxQBopBd-pritZ-qb6gXLEXR228xCZnzwdUYnSaIeaUgqlcwX8pVmR0TQ3veAgdNWz2oj20e5fJ9LyEnjLBpNWXgUNzOapbkumY-OH9l1FLrkMWGe0eOQkxujVCY6IkXL6XkccMgtz4ITnheLda9JWNOrf0e1wn2Qdi~OJy9WPv-0lJJP24F6pAmG-x1Ev0jyop7PbGQQ-Q819bWQAYrCrrKxJFakkEV6sMo11gzY5KK342VyfHvZQvA6klhC4Q__&Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA
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