She had proposed certain amendments to the Reserve Bank of India Act (RBI Act), 1934; the Banking Regulation Act (BR Act), 1949; and the Banking Companies (Acquisition and Transfer of Undertakings) ...

1934; Banking Regulation Act, 1949; State Bank of India Act, 1955; and the Banking Companies (Acquisition and Transfer of Undertakings) Acts of 1970 and 1980. Key changes to the RBI Act revise the ...

1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, and the Banking Companies (Acquisition and ...

The bill introduces significant changes to banking regulations by amending the Reserve Bank of India Act 1934, the Banking Regulation Act 1949, the State Bank of India ... ensure consistency in ...

It seeks to improve governance standards and ensure consistency in banks' reporting to the Reserve Bank of India (RBI). The Finance Minister ... amend the Reserve Bank of India Act, 1934, the Banking ...

RBI’s regulatory framework, guided by the Banking Regulation Act, 1949, and the RBI Act, 1934, is designed to protect customer interests while maintaining financial system stability. To bolster risk ...

3. Definition under the Reserve Bank of India Act, 1934 Section 45A of the RBI Act defines a banking company as: “A banking company as defined in Section 5 of the Banking Regulation Act, 1949, and ...

Some kind of banking regulation began in 1850 in the form of the Companies Act, which was further strengthened with the enactment of the Reserve Bank of India (RBI) Act, 1934 which enabled ... was ...

The legal framework guiding the RBI Governor’s office includes the RBI Act, 1934, and the Banking Regulation Act, 1949, which lay out the Governor's powers and limitations. Global comparisons reveal ...

This comprehensive legislation proposes amendments to critical laws, including the Reserve Bank of India Act, 1934; the Banking Regulation Act, 1949; the State Bank of India Act, 1955; and the ...