A bank which acts as a banker to other banks is known as ___________.
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- BOB
- ………… is a Bank of Banks.
- When banks deal with a large number of individual customers for deposits as well as loans (liabilities and ...
- A bank can exercise its right of general lien u/s 171 of Indian Contract Act, 1872 (a) if the goods are rec...
- Private Sector Banks are regulated by (a) Companies Act 1956 (b) Banking Regulation Act 1949 (c) RBI Act 19...
- Name of a bank can be included in the 2nd schedule of RBI Act to make it a scheduled bank if it is a/an (a)...
- Banking Regulation Act deals with (a) the regulation of business of banking companies (b) control over mana...
- Other than the business specified u/s 6 (1) of Banking Regulation Act, a bank can undertake any other busin...