1.

Who is the 'lender of the last resort' in the banking structure of India?

Answer»

 Reserve BANK of INDIA



Reserve bank of India is the 'LENDER of the last resort' in the BANKING structure of India. A lender of last resort is an institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are EXPERIENCING financial difficulty or are considered highly risky or near collapse.



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