Web12 Aug 2010 · iv) it does not carry on any other financial activity referred to in Section 45I(c) and 45I(f) of the RBI act, 1934 except investment in bank deposits, money market instruments, government securities, loans to and investments in debt issuances of group companies or guarantees issued on behalf of group companies. WebSection 45-IA of RBI Act 1934 : "Requirement of registration and net owned fund". (1) Notwithstanding anything contained in this Chapter or in any other law for the time being …
EXEMPTONS FROM PROVISIONS OF RESERVE BANK OF INDIA …
WebAct ID: 193402: Act Number: 02: Enactment Date: 1934-03-06: Act Year: 1934: Short Title: The Reserve Bank of India Act, 1934: Long Title: An Act to Constitute a Reserve Bank of … Web25 Nov 2024 · This section mentions the cash reserves that the scheduled banks have to keep with the RBI. Section 45 : Mentions the powers of RBI to collect credit information … lakupenda
Reserve Bank of India - Index To RBI Circulars
WebSection 45 of RBI Act 1934 : "Appointment of agents". (1) Unless otherwise directed by the Central Government with reference to any place, the Bank may, having regard to public … Web10 Apr 2024 · In exercise of the powers conferred by Section 35A read with Section 56 of the Banking Regulation Act, 1949; Section 45L of the Reserve Bank of India Act, 1934 and Section 11 of the Credit Information Companies (Regulation) Act, 2005, and all other provisions/ laws enabling the Reserve Bank of India (‘RBI’) in this regard, the RBI being … WebSection 45-IC of RBI Act 1934 : "Reserve fund". (1) Every non-banking financial company shall create a reserve fund and transfer therein a sum not less than twenty per cent of its net profit every year as disclosed in the profit and loss account and … jenni rivera amarga navidad