What is bank Draft? What are the Characteristics of Bank Draft

Meaning and Definition of Bank Draft -          The Term 'Draft' has not been included in the definition of  Negotiable Instrumen...

Power of bank to file winding up petition (Section 45MC of the Reserve bank of India Act 1934)

Power of bank to file winding up petition (Section 45MC) - According to Section 45 MC update Reserve Bank of India Act 1934 -   ...

Management of Reserve Bank of India (Section 7 of RBI Act)

           Reserve Bank of India Act was passed in 1934  and The Reserve Bank of India was established in the year 1935. Section 7 of The R...

Departments of Reserve Bank of India

   As we all know that the Reserve Bank of India is the central bank of the country.  Reserve Bank of India was established in April 1935 u...