Important Acts of Banking Sector, Banking Sector Reforms in India

Important Acts of Banking Sector: If you are aspiring to sit for any Govt exam this year, you need to start preparing right now.

As you know the competition is really very tough. So you need to prepare in a proper manner in order to succeed in Exams. Before Preparing for any exam, it is important to know which type of exam you are preparing for. You should have complete knowledge about the Question pattern and the Selection Procedure. Banking Sector Reforms in India are one of the most important topics for all competitive exams. So start preparing right now and leads ahead of millions of students.

In this article, we are covering the Important Acts of the Banking Sector. It is one of the most important topics for exams. We have also provided a pdf for the candidate’s reference. So candidates can download our list for their preparation to score more marks in Banking Sector-related questions.

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Important Acts of Banking Sector

Negotiable Instrument Act1881
Co-operative Societies Act1912
Reserve Bank of India Act1934
The Industrial Finance Corporation of India Act1948
The Banking Companies Act(Legal practitioner clients’ account1949
The Industrial disputes Act(  Banking and Insurance Companies)1949
The Banking Regulation( Companies) rules1949
The Banking Regulation Act1949
The SBI Act1955
The SBI( subsidiary banks) Act1959
The Subsidiary Banks General Regulation1959
The Deposit Insurance and Credit Guarantee Corporation Act1969
The Regional Rural Banks Act1976
The Banking Companies( Acquisition and Transfer of undertaking) Act1981
Banking Sector Reforms in India

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NABARD General Regulations1982
Banking Companies( Period of preservation of Records) Rules1985
The National Housing Bank Act1987
SIDBI General Regulations Act1990
SEBI Act1992
The Industrial Finance Corporation( Transfer of undertakings and repeal) Act1993
Recovery of debts due to Banks and Financial Institutions Act1993
Industrial Reconstruction Bank( Transfer of undertaking and appeal) Act1997
Insurance Regulatory and Development Authority Act1999
Foreign Exchange Management Act1999
The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act( SARFAESI)2002
Fiscal Responsibility and Budget Management Act2003
Industrial Development Bank( Transfer of undertaking and repeal) Act2003
Credit Information Companies( Rules and Regulation) Act2005
Government Securities Act2006
Banking Sector Reforms in India


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