Monday, 7 April 2014

Banking Regulation Act, 1949


The Banking Companies Act, presently known as Banking Regulation Act was enacted owing to safeguard the interest of depositors, control abuse of power by some bank personnel controlling the banks in particular and to the interest of Indian economy in general.

Reference: https://www.nabard.org/pdf/India_Banking_BankingRegulationAct1949.pdf

2 comments:

  1. This post most impress me because your writing skills are awesome....easily understanding and super navigation in this blog Banking.

    ReplyDelete
  2. Greenbox Capital is your access to working capital now. Get approved for up to $250,000 cash. New businesses in operation at least 6 months with minimum $7,500 average monthly revenue over each of the past 3 months can qualify. Low credit scores, liens and bankruptcy OK. Merchant cash advance

    ReplyDelete