Who is the 'lender of the last resort' in the banking structure of India?
Who is the 'lender of the last resort' in the banking structure of India? Correct Answer Reserve bank of India
Reserve bank of India is the 'lender of the last resort' in the banking structure of India. A lender of last resort is an institution, usually a country's central bank, that offers loans to banks or other eligible institutions that are experiencing financial difficulty or are considered highly risky or near collapse.