Question

Br act 1949 provisions on capital liquidity

Answer 1

Banking Regulation Act Provision # 4. Minimum Capital and Reserves (Sec. 11):. ADVERTISEMENTS: Sec. 11 of the Banking Regulation Act, 1949 .

Answer 2

Answer:

Here is your answer.

Explanation:

5 lakhs and no such banking company which has only one place of business shall be required to have paid-up capital and reserves exceeding Rs. ... 25,000 in respect of each place of business outside Mumbai or Kolkata. No such banking company shall be required to have paid-up capital and reserve excluding Rs. 10 lakhs.

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