BANKING REGULATION ACT 1949
a) Passed as the Banking Companies Act 1949 (came into force
wef 16.3.49 and changed to Banking Regulation Act 1949 w.e.f.
01.03.66, it was made applicable to J and K in 1956 (and now
applicable throughout India).
b) The Act is not applicable to primary agricultural credit
societies, cooperative land mortgage banks and non-agricultural
primary credit societies.
No comments:
Post a Comment