Important Acts of Banking Sector, Banking Sector Reforms in India

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In this article, we are covering the Important Acts of Banking Sector. It is one of the most important topics for exams.

In this article, we are covering the Important Acts of Banking Sector It is one of the most important topics for exams.

We have also provided a pdf of Important Acts of Banking Sector for the candidate’s reference.

So candidates can download our list for their preparation to score more marks in Important Acts of Banking Sector related questions.

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The PDF download link of Banking Sector Reforms in India is given below.

Important Acts of Banking Sector

BANKING ACTYEAR
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

Also Read: TOP-100 Computer Awareness Questions for Competitive Exams 2020

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

Where is the Headquarter of SEBI?

Mumbai,Maharastra is the Headquarter of SEBI.

What is SEBI act 1992?

An Act to protect the interests of investors in securities and to promote the development of, and to regulate, the securities market.

What is Reserve Bank of India Act 1934?

RBI Act, 1934 is the legislative act under which the Reserve Bank of India was formed.

What is Banking Regulation Act?


The Banking Regulation Act, 1949  is a law promulgated by an executive branch agency under a delegation  from a legislature. It regulates all banking firms in India.

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Last Updated: July 7,2020 12:00:28 AM

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