INDIA BANKING REGULATION ACT 1949 INDIA BANKING REGULATION ACT, 1949 The law governing the working and functions of banks in India was .passed in 1949 and named as the Banking Regulation Act, 1949. Before passing this Act, the banking companies were governed by the Indian Companies Act, 1913. Since banking […]
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BANK OF INDIA ACT, 1934
BANK OF INDIA ACT, 1934 The Reserve Bank of India Act was passed in 1934 to establish the Reserve Bank of India which is the guardian of the banking system in India. As the Central Bank of the country, the Reserve Bank of India Act contains provisions concerning the commercial […]
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