Non Banking Financial Companies (Reserve Bank Of India Act 1934)
Introduction - Chapter III B of the Reserve Bank of India Act,1934 the provisions relating to non-banking institutio…
Introduction - Chapter III B of the Reserve Bank of India Act,1934 the provisions relating to non-banking institutio…
Introduction The Relation between Banker and Customer is Contractual. It is regulated by general provisions of …
Licensing of banking companies - According to Section 22 (1) of the Banking Regulation Act, 1949 no on com…
Introduction - The Banking Companies Act 1949 was passed to consolidate and amend the law relating to banking com…
What is Hundi/Poorja - A Hundi may be defined as a bill of exchange drawn in a vernacular language in accordance wi…
Meaning and Definition of Bank Draft - The Term 'Draft' has not been included in the definition of Nego…
Introduction - A charted Accountant can be appointed as a Company Auditor. A Charted Accountants means a pers…
Section 18 of the Banking Regulation Act 1949 deals with the provision Cash Reserve. It is substituted by the am…
The provision of Reserve fund is substituted by amendment of 1949 w.e.f 01/10/1959. Section 17 of the Banki…
Part II Business of Banking Companies, Banking Regulation Act 1949 Section 24 speaks about maintenance of a perce…
Section 20 of the Banking Regulation Act 1949 lay down restrictions on loans and advances has been wholly amended fro…
In the Year,1968 Part-II-B prohibition of certain activities in relation to banking companies is inserted i…
Section 6 (Part II) of the Banking Regulation Act deals with the provisions of Business of Banking Companies a…
Section 35 of the Banking Regulation Act 1949 have been incorporated to check the malpractices in Banking…
Every banking company has to obtain the previous approval of The Reserve Bank before appointing or Re-appointin…
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