The Banking Regulation Act,1949

The Banking Regulation Act, 1949 is the backbone of India’s banking law, providing a comprehensive legal framework for the regulation, control, and supervision of banking companies. This book offers a clear and authoritative presentation of the Bare Act, incorporating all significant amendments to ensure accuracy and relevance.

The Act empowers the Reserve Bank of India (RBI) to regulate bank licensing, capital requirements, management, and operations, ensuring financial stability and depositor protection. It lays down provisions relating to shareholding, board governance, audit, inspection, and directions issued by the RBI. Special focus is given to regulatory oversight, corrective measures, and winding up of banking companies.

This publication also explains the applicability of the Act to cooperative banks, reflecting evolving regulatory practices in India’s financial sector. The structured layout enables readers to easily navigate complex statutory provisions and understand their practical implications.

Designed for professionals and students alike, this book is an indispensable resource for those dealing with banking law, financial regulation, and corporate governance within the banking sector.