What is Fractional-Reserve Banking?
The Reserve Bank is also known as the "Preparation Bank". Some countries call central banks that centrally hold deposit reserves for commercial banks "reserve banks." Such as the Reserve Bank of India. In the United States, the Reserve Bank refers to one of the 12 Federal Reserve Banks set up by the Federal Reserve (the Central Bank of the United States). [1]
Reserve bank
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- Chinese name
- Reserve bank
- Foreign name
- Reserve bank
- Aka
- Prepare bank
- Definition
- Title of Central Bank in Some Countries
- The Reserve Bank is also known as the "Preparation Bank". Some countries call central banks that centrally hold deposit reserves for commercial banks "reserve banks." Such as the Reserve Bank of India. In the United States, the Reserve Bank refers to one of the 12 Federal Reserve Banks set up by the Federal Reserve (the Central Bank of the United States). [1]
- The Reserve Bank, also called the preparation bank, is the name given by some countries to the central bank. Because it has the right to centrally keep legal reserve deposits and national foreign exchange and gold reserves, it is called the Reserve Bank. Such as the US Federal Reserve Bank and the Reserve Bank of India.