11/9/2017 BankingRelatedActs

Banking Related Acts

By AC Team - May 28, 2017

HerewehavelistedtheActsrelatedtobankingsector.

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11/9/2017 BankingRelatedActs

1.NegotiableInstrumentAct1881
2.TheBankersBooksEvidenceAct1891
3.TheReserveBankofIndiaAct1934
4.TheIndustrialFinanceCorporationofIndiaAct1948
5.TheBankingCompanies(LegalPractitionerClientsAccounts)Act1949
6.TheIndustrialDisputes(BankingandInsuranceCompanies)Act1949
7.TheBankingRegulation(Companies)Rules1949
8.TheBankingRegulationAct1949
9.TheStateFinancialCorporationsAct1951
10.TheReserveBankofIndia(AmendmentandMisc.Provisions)Act1953
11.TheIndustrialDisputes(BankingCompanies)DecisionAct1955
12.TheStateBankofIndiaAct1955
13.TheStateBankofIndia(SubsidiaryBanks)Act1959
14.TheSubsidiaryBanksGeneralRegulation1959
15.TheDepositInsuranceandCreditGuaranteeCorporationAct1961(DICGC)
16.TheBankingCompanies(AcquisitionandTransferofUndertakings)Act1970
17.TheRegionalRuralBanksAct1976
18.TheBankingCompanies(AcquisitionandTransferofUndertakings)Act1980
19.TheExportImportBankofIndiaAct1981
20.TheNationalBankforAgricultureandRuralDevelopmentAct1981
21.ChitFundAct1982
22.SickIndustrialCompanies(SpecialProvisions)Act1985
23.TheNationalHousingBankAct1987
24.SIDBIAct1989
25.TheSpecialCourt(trialofOffencesrelatingtoTransactionsinSecurities)Act1992
26.TheIndustrialFinanceCorporation(TransferofUndertakingsandRepeal)Act1993
27.IndustrialReconstructionBank(TransferofUndertaking&Appeal)Act1997
28.TheSecuritisationandReconstructionofFinancialAssetsandEnforcementofSecurity
InterestAct(SARFASI2002)
29.IndustrialDevelopmentBank(TransferofUndertaking&Repeal)Act2003
30.CreditInformationCompanies(Rules&Regulation)Act2005
31.TheIndustrialFinanceCorporationofIndiaAct1948
32.TheBankingCompanies(LegalPractitionerClientsAccounts)Act1949
33.TheIndustrialDisputes(BankingandInsuranceCompanies)Act1949
34.TheStateFinancialCorporationsAct1951
35.TheReserveBankofIndia(AmendmentandMisc.Provisions)Act1953
36.TheIndustrialDisputes(BankingCompanies)DecisionAct1955

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11/9/2017 BankingRelatedActs

37.TheStateBankofIndiaAct1955
38.TheStateBankofIndia(SubsidiaryBanks)Act1959
39.TheSubsidiaryBanksGeneralRegulation1959
40.TheDepositInsuranceandCreditGuaranteeCorporationAct1961
41.TheNationalBankforAgricultureandRuralDevelopmentAct1981
42.ChitFundAct1982
43.ShippingDevelopmentFundCommittee(Abolition)Act1985
44.SickIndustrialCompanies(SpecialProvisions)Act1985
45.TheNationalHousingBankAct1987
46.TheSpecialCourt(trialofOffencesrelatingtoTransactionsinSecurities)Act1992
47.TheIndustrialFinanceCorporation(TransferofUndertakingsandRepeal)Act1993
48.IndustrialReconstructionBank(TransferofUndertaking&Appeal)Act1997
49.SIDBIGeneralRegulations,1990
50.BankingRegulation(Companies)Rules1949
51.TheNationalisedBanks(ManagementandMisc.Provisions)Scheme,1970
52.NABARDGeneralRegulations1982
53.BankingCompanies(PeriodofPreservationofRecords)Rules,1985
54.BankingCompanies(Regulation)Rules,1985
55.NABARDBondsRegulations1988
56.TheBankingOmbudsmanScheme,2006
57.FactoringActRules,2011
58.SARFAESI(Centralregistry)Rules,2011
59.BankersBooksEvidenceAct,1891
60.BankingRegulationAct,1949
61.BankingCompanies(LegalPractitionersClientsAccount)Act,1949
62.BankingRegulation(Companies)Rules,1949
63.BankingCompanies(AcquisitionandTransferofUndertaking)Act,1969
64.DebtsRecoveryAppellateTribunal(Procedure)Rules,1994
65.ForeignContribution(Regulation)Act,1976
66.ForeignExchangeManagementAct,1999
67.IndianPartnershipAct,1932
68.IndianStampAct,1899
69.IndianTrustsAct,1882
70.LimitationAct,1963
71.RecoveryofDebtsduetoBanksandFinancialInstitutionsAct,1993
72.ReserveBankofIndiaAct1934

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11/9/2017 BankingRelatedActs

NegotiableInstrumentsAct,1881

Section4Promissorynote
Section5Billofexchange
Section6Cheque
Section13NegotiableInstruments
Section123ChequeCrossedGenerally
Section124,126Chequecrossedspecially
Section130ChequebearingNotNegotiable
Section118PresumptionsastoNegotiableInstruments

ReserveBankofIndiaAct,1934

Section17DefinesBusinessofRBI
Section18DealswithEmergencyloanstoBanks
Section22onlyRBIhastheexclusiverightstoissuecurrencynotesinIndia.
Section24maximumdenominationanotecanbeRs.10,000.
section26DescribesthelegaltendercharacterofIndianbanknotes.
Section28AllowstheRBItoformrulesregardingtheexchangeofdamagedandimperfect
notes.
Section31InIndiaonlytheRBIorthecentralgovernmentcanissueandaccept
promissorynotesthatarepayableondemand.
Section42(1)EveryscheduledbankmusthaveanaveragedailybalancewiththeRBI

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