Examples of core banking are processing credit and loans, deposits, mortgages, etc. These services are made available to the customers by the banks through various channels like mobile banking, branches, internet banking, and ATM’s. You can read about The Reserve Bank of India: Functions and Composition in the given link.
Further readings:
- Non Performing Assets (NPA) – Facts for UPSC GS-III
- Monetary Policy – Objectives, Roles and Instruments
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Related Links |
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Statutory Liquidity Ratio (SLR) – Definition, Objectives, Impacts |
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