#1
21st October 2012, 10:47 AM
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RBI Act 1934 Section 45
You can tell me about the act 1934 section 45 of Reserve Bank of India because I am new employee in this bank so want to know about this so you can tell me about this then tell me about its this act
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#2
19th May 2018, 08:51 AM
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Re: RBI Act 1934 Section 45
Hello sir, my father is looking for Reserve Bank Of India act 1934 section 45 rules. Will you please give me info of Reserve Bank of India act 1934 section 45 rules?
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#3
19th May 2018, 08:53 AM
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Re: RBI Act 1934 Section 45
The Provisions Relating to Non-Banking Institutions Receiving Deposits and Financial Institutions is released by Reserve Bank of India Act, 1934 This is 45H is provides that The provisions of this Chapter shall not apply to the State Bank or a banking company as defined in section 5 of the Banking Regulation Act, 1949 or a corresponding new bank as defined in clause(da) of section 5 of that Act or a subsidiary bank as defined in the State Bank of India(Subsidiary Banks) Act, 1959, a Regional Rural Bank or a co-operative bank or a primary agricultural credit society or a primary credit society: Here is PDF for Notice for Reserve Bank of India act 1934 section 45: Reserve Bank of India act 1934 section 45 is; 45. Appointment of Agents. CHAPTER IIIA COLLECTION AND FURNISHING OF CREDIT INFORMATION 45A. Definitions. 45B. Power of Bank to collect credit information. 45C. Power to call for returns containing credit information. 45D. Procedure for furnishing credit information to banking companies. 45E. Disclosure of information prohibited. 45F. Certain claims for compensation barred. 45G. [Penalties.] Table contents: INCORPORATION, CAPITAL, MANAGEMENT AND BUSINESS 3. Establishment and incorporation of Reserve Bank. 4. Capital of the Bank. 5. Increase and reduction of share capital. 6. Offices, branches and agencies. 7. Management. 8. Composition of the Central Board, and term of office of Directors. 9. Local Boards, their constitution and functions. 10. Disqualifications of Directors and members of Local Boards. 11. Removal from and vacation of office. 12. Casual Vacancies and absences 13. Meetings of the Central Board. 14 to 16. [General meetings. First constitution of the Central Board. First constitution of Local Board.] 17. Business which the Bank may transact. 18. Power of direct discount. 18A. Validity of loan or advance not to be questioned. 19. Business which the Bank may not transact. |
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