Business Studies, asked by utkarshagarwal413, 19 hours ago

State The features of banking regulations act 1949?

Answers

Answered by sakshi1158
3

Answer:

The Act gives the Reserve Bank of India (RBI) the power to license banks, have regulation over shareholding and voting rights of shareholders; supervise the appointment of the boards and management; regulate the operations of banks; lay down instructions for audits; control moratorium, mergers and liquidation; issue ...

Answered by Anonymous
0

Explanation:

The Act gives the Reserve Bank of India (RBI) the power to license banks, have regulation over shareholding and voting rights of shareholders; supervise the appointment of the boards and management; regulate the operations of banks; lay down instructions for audits; control moratorium, mergers and liquidation; issue ...

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