Category: Banking Regulation Act

12B. Regulation of acquisition of shares or voting rights.— (1) No person (hereinafter referred to as “the applicant”) shall, except

Here we will see Section 16 of The Banking Regulation Act. Prohibition of common directors.— (1) No banking company incorporated

Here we will see Section 15 of The Banking Regulation Act. Restrictions as to payment of dividend.— (1) No banking

Here we will see Section 14A of The Banking Regulation Act. 14A. Prohibition of floating charge on assets.— (1) Notwithstanding

Here we will see Section 14 of The Banking Regulation Act. Prohibition of charge on unpaid capital.— No banking company

Here we will see Section 13 of The Banking Regulation Act. Restriction on commission, brokerage, discount, etc., on sale of

Here we will see Section 12A of The Banking Regulation Act. 12A. Election of new directors.— (1) The Reserve Bank

Here we will see Section 12 of The Banking Regulation Act. Regulation of paid–up capital, subscribed capital and authorised capital

Here we will see Section 11 of The Banking Regulation Act. Requirement as to minimum paid–up capital and reserves.— (1)