Laws of Banking in India 1. Evaluation of Banking Law in India Banking as a business has its own distinctive features when compared with all other trade and business. A Banking company deals mainly with the money of large number of depositors who do not have any control over […]
Read moreINDIA 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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