History, asked by Jeanelle6841, 1 year ago

The banking regulation act . 1949 provides various methods of regulation of the banking business . Elaborate the key areas of regulation

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Answered by Anonymous
1
Hey mate here is your answer....

Bank regulation is a form of governmentregulation which subjects banks to certain requirements, restrictions and guidelines, designed to create market transparencybetween banking institutions and the individuals and corporations with whom they conduct business, among other things. As regulation focusing on key actors in the financial markets, it forms one of the three components of financial law, the other two being case law and self-regulating market practices.

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