Reserve Bank of India (RBI) supervises the
functioning of formal sources of loans in India. For instance, banks
maintain a minimum cash balance out of the deposits they receive.
The RBI monitors that the banks actually maintain this cash
balance. Similarly, the RBI ensures that the banks give loans not just to
profit-making businesses and traders, but also to small cultivators, small
scale industries, small borrowers, etc. Periodically, banks have to submit
information to the RBI on how much they are lending, to whom, at what interest
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