Licensing of Banks

IE-IFS Banking Laws – Reserve Bank of India Act 1934 & Banking Regulation Act 1949 Free JAIIB Capsule 24 views Updated
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IE-IFS · Banking Laws – Reserve Bank of India Act 1934 & Banking Regulation Act 1949
Which section of the Banking Regulation Act mandates that no company shall carry on banking business without a license from RBI?
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Which section of the Banking Regulation Act mandates that no company shall carry on banking business without a license from RBI?

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This capsule covers Indian Economy & Indian Financial System, Banking Laws – Reserve Bank of India Act 1934 & Banking Regulation Act 1949. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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