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) ...

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) ...

Banking Laws (Amendment) Act, 2025 introduces significant updates to several key financial statutes including the Reserve Bank of India Act, 1934; Banking Regulation Act, 1949; State Bank of India Act ...

The legislation also introduces more than 20 amendments to bring changes in the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, the Banking ...

Parliament has passed the Banking Laws (Amendment) Bill 2024, with the Rajya Sabha approving it Wednesday, following its passage in the Lok Sabha in December 2024. The bill introduces significant ...

Finance Minister Nirmala Sitharaman moved the Bill further to amend the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, the Banking Companies ...

85% Surge in Priority Sector Lending Signals a New Era for Indian Banking - In a big push to priority sector lending , the banks total disbursement of credit ... as the case may be. RBI’s regulatory ...

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 ...

These were the underlying concerns for having specific regulatory provisions for banks. Some kind of banking regulation began in 1850 in the form of the Companies Act, which was further strengthened ...

The Legal framework that governs the office of the RBI Governor is mainly established through the Reserve Bank of India Act, 1934 and the Banking Regulation Act, 1949 . These statutes outline the ...

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 ...