In India, the Reserve Bank of India (RBI) is called the “Bank of Banks.”

Why RBI is called the “Bank of Banks”

  • It is the central bank of India and was established in 1935.
  • Commercial banks keep a part of their reserves with the RBI and can borrow from it when they need funds.
  • RBI regulates, supervises, and guides other banks in the country, acting as their guardian and lender of last resort.

In simple terms, other banks go to the RBI for money, rules, and support—so it earns the nickname “Bank of Banks.”

TL;DR: The bank known as the “Bank of Banks” in India is the Reserve Bank of India (RBI).

Information gathered from public forums or data available on the internet and portrayed here.