#1
4th August 2015, 09:02 AM
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Agency Functions Of Central Bank Of India
What are the functions that are performed by the Central Bank of India ??Also tell me about the services offered by Central Bank Of India
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#2
4th August 2015, 09:52 AM
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Re: Agency Functions Of Central Bank Of India
A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. The Various Services of Central Bank of India For Deposit Facilities services are Cent Uttam type Scheme Tax Saving Deposit MIDR- Monthly Interest Deposit Receipt MMDC- Money Multiplier Deposit Certificate QIDR- Quarterly interest Deposit Receipt Coverage for Personal Accident and Recurring Deposit Cent Bachat Khata Other Kinds of Services: Cash management services Travelers Cheque Cent Bill pay Special services Gift Cheques Mutual Funds Depository Service E-payment Services: West Bengal State Govt Tax Online Bill Payment Collection of Direct taxed Service Tax Payments DGFT Online E-payment Functions which are performed by of Central Bank of India 1. Note Issue: 2. Banker's Bank: 3. The Central Bank: 4. Banker to the Government: 5. Custodian of Foreign Exchange Reserves: 6. Regulation of Exchange Rate: 7. Credit Control: 8. Other Functions: If you want the info in details than I am here attaching a file FUNCTIONS OF CENTRAL BANK OF INDIA |
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