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प्रश्न
Briefly explain about Correspondent Banks?
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उत्तर
A bank in a country can appoint another bank in a foreign country to act as a correspondent bank.
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संबंधित प्रश्न
Reserve Bank of India cannot accept deposits from public.
How is a commercial bank different from a central bank?
State with Reasons whether the following statement is TRUE or FALSE:
Central bank (RBI) connot accept deposit from the public.
Choose the Correct Answer.
Foreign banks are begun their operation since ______
RBI is ______.
Central bank is owned by the ____ while commercial bank is owned by ______.
How do exchange banks help in financing foreign trade?
What is the main function of commercial banks like SBI and HDFC?
Which type of bank provides only basic banking services and is not allowed to give loans?
Which type of bank is most closely associated with foreign trade finance and foreign exchange services?
