RBI Power to Give Directions

IE-IFS Banking Laws – Reserve Bank of India Act 1934 & Banking Regulation Act 1949 Free JAIIB Capsule 22 views Updated
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IE-IFS · Banking Laws – Reserve Bank of India Act 1934 & Banking Regulation Act 1949
If a bank is acting in a manner detrimental to depositors, under which section can the RBI issue binding directions to the bank?
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If a bank is acting in a manner detrimental to depositors, under which section can the RBI issue binding directions to the bank?

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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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