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Published on Nov 10, 2013
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the savings and investment in the bank. The credit creation activity can
raise the aggregate demand which increase more production in the
economy. G. Implementation of Monetary Policy Central bank of our
country in support with the commercial banks, make effort for the
success and objectives of monetary policy. Central bank of country
control and regulate the volume of credit which helps in bringing the
price stability and promote economic growth within the shortest possible
period of time. H. Promoting Export. In order to promote the export,
commercial banks has established export promotion cell. They provide
information about general trade and economic condition both inside and
outside of the country to its customers. The banks are therefore making
positive contribution in the economic development. Catch me @ :
skpvilayil@gmail.com
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