Describe the Reserve Bank’s regulatory and supervisory functions relating to commercial banks.
2 years ago
Banking
The Reserve Bank’s regulatory and supervisory functions relating to commercial banks cover their establishment {i.e., licensing), branch expansion, liquidity of their assets management and methods of working, amalgamation, reconstruction and liquidation.
The control is exercised by the bank through periodic inspections conducted by its own staff and follow-up action after the inspections, as also by calling for returns and necessary information from banks
Susmita Sah
Jan 16, 2022