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The RBI can manage the volumes of banks reserves and allow various banks to develop credit rating in that percentage. It has earlier the Agriculture Refinance and Development Corporation (ARDC) to look after the credit, National Bank for Agriculture and Rural Development (NABARD) and Regional Rural Banks (RRBs). The Export-Import Bank of India (EXIM Bank India) and the Export Credit Guarantee Corporation of India (ECGC) are supported by re-financing their financing for export goal.
The RBI can manage the volumes of banks reserves and allow various banks to develop credit rating in that percentage. Therefore it manages the credit rating development ability of service banks by using diverse credit rating control instruments. Lender to other Banks: The RBI being a pinnacle monitory facility has required powers to guide, assistance and direct other commercial banks in the country. It has earlier the Agriculture Refinance and Development Corporation (ARDC) to look after the credit, National Bank for Agriculture and Rural Development (NABARD) and Regional Rural Banks (RRBs). The Export-Import Bank of India (EXIM Bank India) and the Export Credit Guarantee Corporation of India (ECGC) are supported by re-financing their loaning for export goal.