which bank in india is called as bank of banks

6 minutes ago 1
Nature

The bank in India called the "Bank of Banks" is the Reserve Bank of India (RBI).

Explanation

  • The Reserve Bank of India acts as the central bank and the regulator for all the banks in India.
  • It provides banking services to other banks, manages the currency, monetary policy, and supervises the banking system in the country.
  • Because it supports, regulates, and manages the entire banking sector, it is aptly known as the "Bank of Banks" or the "Bankers' Bank" in India.