Tag: Primary Functions of Bank

Functions of RBI

Reserve Bank of India (RBI) is the Indian central bank. It was established in 1 April 1935 and, it was nationalized in 1949. The Central Board of Directors is the main committee of the central bank. Presently, this Board consists…

Functions of Bank

A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly or through capital markets. Functions of banks can be classified into three parts 1. Primary Functions: Banks perform…