Reserve Bank of India on 8 November 2016. Earlier 1000 notes have been discarded by RBI. Reserve Bank of India also works as a central bank where commercial banks are account holders and can deposit money. RBI maintains banking accounts of all scheduled banks. Commercial banks create credit. It is the duty of the RBI to control the credit through the CRR, bank rate and open market operations. As banker's bank, the RBI facilitates the clearing of cheques between the commercial banks and helps the inter-bank transfer of funds. It can grant financial accommodation to schedule banks. It acts as the lender of the
Central line (Mumbai Suburban Railway) 16 are 15-car services. Central line (Mumbai Suburban Railway) The Central line of the Mumbai Suburban Railway is a public transit system serving Mumbai, Maharashtra, India. It consists of 24 stations from Chhatrapati Shivaji Maharaj Terminus (C.S.M.T.) to Kalyan Junction. The entire line is at grade. It has section of quadruple track starting from Chhatrapati Shivaji Terminus and ends at Kasara, Roha, Lonavala and Khopoli junctions in Maharashtra The Central line in Mumbai consists of three major corridors, which bifurcate as they run into suburban satellite towns. Two corridors (one local and other through) on Central Railway run from CST