Banking Companies Regulation Act at Lola Wall blog

Banking Companies Regulation Act. From 1 st march, 1966, it was renamed as banking regulation act, 1949. The act was initially enacted to regulate the banking. The act puts restrictions on the banks to avoid fraud and protect the interests of the depositors. It also states the procedure for winding up the banking company. All the banking companies will be controlled under the banking regulation act, 1949. This act provides a proper structure to the banking system in india. Special provisions for banking companies working under schemes of arrangement at the commencement of the amendment act.

Download The Banking Regulation Act 1949 CS Notes PDF Online 2022
from www.kopykitab.com

This act provides a proper structure to the banking system in india. It also states the procedure for winding up the banking company. The act was initially enacted to regulate the banking. From 1 st march, 1966, it was renamed as banking regulation act, 1949. Special provisions for banking companies working under schemes of arrangement at the commencement of the amendment act. All the banking companies will be controlled under the banking regulation act, 1949. The act puts restrictions on the banks to avoid fraud and protect the interests of the depositors.

Download The Banking Regulation Act 1949 CS Notes PDF Online 2022

Banking Companies Regulation Act From 1 st march, 1966, it was renamed as banking regulation act, 1949. The act was initially enacted to regulate the banking. It also states the procedure for winding up the banking company. The act puts restrictions on the banks to avoid fraud and protect the interests of the depositors. Special provisions for banking companies working under schemes of arrangement at the commencement of the amendment act. From 1 st march, 1966, it was renamed as banking regulation act, 1949. This act provides a proper structure to the banking system in india. All the banking companies will be controlled under the banking regulation act, 1949.

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