Complex sentence: RBI use methods like On-site inspections, off-site surveillance, scrutiny & periodic meetings to superviseg new bank licenses, setting capital requirements and regulating interest rates in specific areas.
Split into simpler sentences: RBI use methods like On-site inspections, off-site surveillance, scrutiny & periodic meetings to supervise banks. RBI also has the responsibility of issuing new bank licenses, setting capital requirements and regulating interest rates in specific areas.