Banking Regulation Act, 1949 with Allied Acts and Rules

Banking Regulation Act, 1949 with Allied Acts and Rules [Act 10 of 1949] Description: Dive deep into the foundational framework of India’s banking sector with the Banking Regulation Act, 1949, a pivotal piece of legislation that shapes the regulation and supervision of banking institutions in India. Enacted to consolidate and amend the laws related to banking regulation, this Act is crucial for understanding the operational and regulatory landscape of banks. This comprehensive edition includes: The Banking Regulation Act, 1949: The core Act that lays down the regulatory mechanisms governing banks, covering licensing, control over management, and the inspection of banks to ensure their financial stability and integrity. Allied Acts: Supplementary legislation that interacts with and supports the Banking Regulation Act, providing a holistic view of the legal environment for banking institutions. This may include amendments and related laws that impact the regulation of banks. Rules and Regulations: Detailed rules issued under the Act, offering insights into the procedural aspects and compliance requirements that banks must adhere to. Key Features: Authoritative Text: Includes the full text of the Banking Regulation Act along with all relevant amendments and allied laws. Updated Content: Incorporates recent updates and changes to ensure relevance in the current legal and financial landscape. Comprehensive Coverage: Provides a thorough understanding of the regulatory framework governing banks, essential for legal professionals, banking practitioners, and students of finance. Ideal For: Banking Professionals: Gain a deeper understanding of regulatory requirements and compliance. Legal Experts: Essential for those specializing in financial regulations and banking law. Students and Researchers: A valuable resource for academic studies and research on banking regulations in India.