Banking Law

Prohibition Of Certain Activities In Relation To Banking Companies (Section 36AD)

In the Year,1968 Part-II-B prohibition of certain activities in relation to banking companies is inserted in Banking Regulation Act,…

Section 6 (Part II) of the Banking Regulation Act deals with the provisions of Business of Banking Companies and the forms of Business …

Section 35 of the Banking Regulation Act 1949 have been incorporated to check the malpractices in Banking Companies. Section 35 of…

Every banking company has to obtain the previous approval of The Reserve Bank before appointing or Re-appointing and removing any audito…

Meaning of Loan - Loan is an arrangement of advancing a sum of money on interest for a pre-agreed period sometimes for a particular purpose…

No Secured Loan Unsecured Loan 1 A Secured Loan is a loan in which …

Introduction - Loan is an arrangement of advancing a sum of money on interest for a pre-agreed period sometimes for a particular purpose as…

What is Unit banking - The United States of America (U.S.A) is the birthplace of Unit Bank system. In this type of banking system Indepen…

1) Commercial Bank - A bank is an institution, usually incorporated, whose business is to receive money on deposit, cash, cheques…

Commercial Bank - Commercial banks are the most common and important type of banking institutions. A commercial bank is a monetary ins…

1) Commercial Bank - A bank is a Financial institution engaged in Banking Business. Bank is a Financial Intermediatory. It d…

What is cheque - A cheque is an order to a bank to pay a stated sum from drawer's account, written on a specially printed form…

What is Cheque - A cheque is an order to a bank to pay a stated sum from drawer's account, written on a specially printed form. There…

No Cheque Promissory Note 1 Meaning of Cheque – …