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PROHIBITORY FUNCTIONS OF RBI
Direct Financial Assistance to any Industry, Trade or Business
Purchase its own share Purchase Shares of any Commercial and Industrial Undertaking Purchase any immovable property Cannot give Loans on the Security of Shares and Property RELATED FUNCTIONS & POLICIES
• Regulates Opening/Installation of ATM
• Regulates the opening of branches of banks • Ensure that N.B.F.C follow K.Y.C Guidelines • Regulates trade of Gold • Issues Guidelines and directions for Commercial Banks