Banking Regulation Act 1949 & Amendments
Mar 5, 2022
Thinking how useful is Banking Regulation Act of 1949 when so many banks have defaulted, NPA’s have increased and not to mention about the huge bank loans taken by businessmen only to fled away from India forever. This is a sad part, but India did frame a Banking Regulation Act to govern the banking institutions. It is still operational and is suppose to safeguard interest of people who invest their hard earned savings in the form of deposits into the bank.
Let us read more about the Banking Regulation Act of 1949, the latest amendments in place
https://www.finmargin.com/banking-regulation-act-1949-latest-amendments-follow-now/
