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MessagePosté le: Sam 29 Oct - 03:37 (2016)    Sujet du message: Banking Regulation Act 1934 Pdf Download Répondre en citant




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The Banking Regulation Act, 1949 An Act to consolidate and amend the law relating to banking Citation Act No. Martinus Nijhoff Publishers. Ashok Sharma. The Act gives the Reserve Bank of India (RBI) to power to license banks, have regulation over shareholding and voting rights of shareholders; supervise the appointment of the boards and management; regulate the operations of banks; lay down instructions for audits; control moratorium, mergers and liquidation; issue directives in the interests of public good and on banking policy, and impose penalties.[2]. The Act provides a framework using which commercial banking in India is supervised and regulated. Patel (2008).

References[edit]. Primary Agricultural Credit Society and cooperative land mortgage banks are excluded from the Act.[2]. Sorry! We could not find what you were looking for Sad Don't worry, we will help you get to the right place. The Banking Regulation Act, 1949 is a legislation in India that regulates all banking firms in India.[1] Initially, the law was applicable only to banking companies. 10 of 1949 Territorial extent Whole of India Enacted by Parliament of India Date enacted 10 March 1949 Status: In force . See also[edit]. Are you looking for. But, 1965 it was amended to make it applicable to cooperative banks and to introduce other changes.[2].

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