Important Acts of Banking Sector: If you are aspiring to sit for any Govt exam this year, you need to start preparing right now.
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Banking Sector Reforms in India is one of the most important topics for all competitive exams. So start preparing right now and leads ahead of millions of students. Visit our website daily for the latest exam-related Study Material.
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.
Contents
Important Acts of Banking Sector
| BANKING ACT | YEAR |
| Negotiable Instrument Act | 1881 |
| Co-operative Societies Act | 1912 |
| Reserve Bank of India Act | 1934 |
| The Industrial Finance Corporation of India Act | 1948 |
| The Banking Companies Act(Legal practitioner clients’ account | 1949 |
| The Industrial disputes Act( Banking and Insurance Companies) | 1949 |
| The Banking Regulation( Companies) rules | 1949 |
| The Banking Regulation Act | 1949 |
| The SBI Act | 1955 |
| The SBI( subsidiary banks) Act | 1959 |
| The Subsidiary Banks General Regulation | 1959 |
| The Deposit Insurance and Credit Guarantee Corporation Act | 1969 |
| The Regional Rural Banks Act | 1976 |
| The Banking Companies( Acquisition and Transfer of undertaking) Act | 1981 |
Also Read: TOP-100 Computer Awareness Questions for Competitive Exams 2020
| NABARD General Regulations | 1982 |
| Banking Companies( Period of preservation of Records) Rules | 1985 |
| The National Housing Bank Act | 1987 |
| SIDBI General Regulations Act | 1990 |
| SEBI Act | 1992 |
| The Industrial Finance Corporation( Transfer of undertakings and repeal) Act | 1993 |
| Recovery of debts due to Banks and Financial Institutions Act | 1993 |
| Industrial Reconstruction Bank( Transfer of undertaking and appeal) Act | 1997 |
| Insurance Regulatory and Development Authority Act | 1999 |
| Foreign Exchange Management Act | 1999 |
| The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act( SARFAESI) | 2002 |
| Fiscal Responsibility and Budget Management Act | 2003 |
| Industrial Development Bank( Transfer of undertaking and repeal) Act | 2003 |
| Credit Information Companies( Rules and Regulation) Act | 2005 |
| Government Securities Act | 2006 |
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