Indian Laws › Banking Regulation Act, 1949
Banking Regulation Act, 1949
Para-wise Banking Regulation Act, 1949 hub with section pages, subordinate instruments, Finin2min interpretation, examples, Q&A and source-control status.
103 provision pages9 instrument pagesSource-status controlled
How to use this hub
Start with the relevant section page; confirm its official text and effective date; open linked Rules, Regulations, notifications, circulars, directions and forms; then apply the Finin2min interpretation, evidence, example, forum and cross-law controls.
Publication boundary: Source-gated provision architecture; exact text/title reconciliation queue included. The legal-review queue must be closed before any source-gated page is labelled a certified full-text reproduction.
Act provisions
Section 1
Short title, extent and commencementAct provisionsSection 2
Application of other laws not barredAct provisionsSection 3
Source-controlled provisionAct provisionsSection 4
Source-controlled provisionAct provisionsSection 5
InterpretationAct provisionsSection 5A
Source-controlled provisionAct provisionsSection 6
Forms of business in which banking companies may engageAct provisionsSection 7
Source-controlled provisionAct provisionsSection 8
Prohibition of tradingAct provisionsSection 9
Disposal of non-banking assetsAct provisionsSection 10
Source-controlled provisionAct provisionsSection 10A
Board of directors to include persons with professional or other experienceAct provisionsSection 10B
Source-controlled provisionAct provisionsSection 10BB
Source-controlled provisionAct provisionsSection 11
Requirement as to minimum paid-up capital and reservesAct provisionsSection 12
Regulation of paid-up capital, subscribed capital and authorised capital and voting rightsAct provisionsSection 12A
Source-controlled provisionAct provisionsSection 13
Source-controlled provisionAct provisionsSection 14
Source-controlled provisionAct provisionsSection 15
Source-controlled provisionAct provisionsSection 16
Source-controlled provisionAct provisionsSection 17
Reserve FundAct provisionsSection 18
Cash reserveAct provisionsSection 19
Source-controlled provisionAct provisionsSection 20
Restrictions on loans and advancesAct provisionsSection 20A
Source-controlled provisionAct provisionsSection 21
Power of Reserve Bank to control advancesAct provisionsSection 21A
Source-controlled provisionAct provisionsSection 22
Licensing of banking companiesAct provisionsSection 23
Restrictions on opening of new, and transfer of existing, places of businessAct provisionsSection 24
Maintenance of a percentage of assetsAct provisionsSection 25
Source-controlled provisionAct provisionsSection 26
Source-controlled provisionAct provisionsSection 26A
Depositor Education and Awareness FundAct provisionsSection 27
Monthly returns and power to call for other returns and informationAct provisionsSection 28
Source-controlled provisionAct provisionsSection 29
Accounts and balance-sheetAct provisionsSection 29A
Source-controlled provisionAct provisionsSection 30
AuditAct provisionsSection 30A
Source-controlled provisionAct provisionsSection 31
Source-controlled provisionAct provisionsSection 32
Source-controlled provisionAct provisionsSection 33
Source-controlled provisionAct provisionsSection 34
Source-controlled provisionAct provisionsSection 35
InspectionAct provisionsSection 35A
Power of Reserve Bank to give directionsAct provisionsSection 35AA
Central Government to authorise Reserve Bank to issue directions to banking companies to initiate insolvency resolution processAct provisionsSection 35AB
Power of Reserve Bank to issue directions in respect of stressed assetsAct provisionsSection 36
Further powers and functions of Reserve BankAct provisionsSection 36A
Source-controlled provisionAct provisionsSection 36AA
Source-controlled provisionAct provisionsSection 36AB
Source-controlled provisionAct provisionsSection 36AC
Source-controlled provisionAct provisionsSection 36ACA
Source-controlled provisionAct provisionsSection 36AD
Source-controlled provisionAct provisionsSection 37
Source-controlled provisionAct provisionsSection 38
Source-controlled provisionAct provisionsSection 39
Source-controlled provisionAct provisionsSection 40
Source-controlled provisionAct provisionsSection 41
Source-controlled provisionAct provisionsSection 42
Source-controlled provisionAct provisionsSection 43
Source-controlled provisionAct provisionsSection 44
Source-controlled provisionAct provisionsSection 45
Power of Central Government to make scheme of amalgamationAct provisionsSection 45A
Source-controlled provisionAct provisionsSection 45B
Source-controlled provisionAct provisionsSection 45C
Source-controlled provisionAct provisionsSection 45D
Source-controlled provisionAct provisionsSection 45E
Source-controlled provisionAct provisionsSection 45F
Source-controlled provisionAct provisionsSection 45G
Source-controlled provisionAct provisionsSection 45H
Source-controlled provisionAct provisionsSection 45I
Source-controlled provisionAct provisionsSection 45J
Source-controlled provisionAct provisionsSection 45K
Source-controlled provisionAct provisionsSection 45L
Source-controlled provisionAct provisionsSection 45M
Source-controlled provisionAct provisionsSection 45N
Source-controlled provisionAct provisionsSection 45O
Source-controlled provisionAct provisionsSection 45P
Source-controlled provisionAct provisionsSection 45Q
Source-controlled provisionAct provisionsSection 45R
Source-controlled provisionAct provisionsSection 45S
Source-controlled provisionAct provisionsSection 45T
Source-controlled provisionAct provisionsSection 45U
Source-controlled provisionAct provisionsSection 45V
Source-controlled provisionAct provisionsSection 45W
Source-controlled provisionAct provisionsSection 45X
Source-controlled provisionAct provisionsSection 46
PenaltiesAct provisionsSection 47
Source-controlled provisionAct provisionsSection 47A
Power of Reserve Bank to impose penaltyAct provisionsSection 47B
Source-controlled provisionAct provisionsSection 48
Source-controlled provisionAct provisionsSection 49
Source-controlled provisionAct provisionsSection 49A
Source-controlled provisionAct provisionsSection 49B
Source-controlled provisionAct provisionsSection 50
Source-controlled provisionAct provisionsSection 51
Source-controlled provisionAct provisionsSection 52
Source-controlled provisionAct provisionsSection 53
Source-controlled provisionAct provisionsSection 54
Source-controlled provisionAct provisionsSection 55
Source-controlled provisionAct provisionsSection 56
Source-controlled provisionAct provisions
Short title, extent and commencementAct provisionsSection 2
Application of other laws not barredAct provisionsSection 3
Source-controlled provisionAct provisionsSection 4
Source-controlled provisionAct provisionsSection 5
InterpretationAct provisionsSection 5A
Source-controlled provisionAct provisionsSection 6
Forms of business in which banking companies may engageAct provisionsSection 7
Source-controlled provisionAct provisionsSection 8
Prohibition of tradingAct provisionsSection 9
Disposal of non-banking assetsAct provisionsSection 10
Source-controlled provisionAct provisionsSection 10A
Board of directors to include persons with professional or other experienceAct provisionsSection 10B
Source-controlled provisionAct provisionsSection 10BB
Source-controlled provisionAct provisionsSection 11
Requirement as to minimum paid-up capital and reservesAct provisionsSection 12
Regulation of paid-up capital, subscribed capital and authorised capital and voting rightsAct provisionsSection 12A
Source-controlled provisionAct provisionsSection 13
Source-controlled provisionAct provisionsSection 14
Source-controlled provisionAct provisionsSection 15
Source-controlled provisionAct provisionsSection 16
Source-controlled provisionAct provisionsSection 17
Reserve FundAct provisionsSection 18
Cash reserveAct provisionsSection 19
Source-controlled provisionAct provisionsSection 20
Restrictions on loans and advancesAct provisionsSection 20A
Source-controlled provisionAct provisionsSection 21
Power of Reserve Bank to control advancesAct provisionsSection 21A
Source-controlled provisionAct provisionsSection 22
Licensing of banking companiesAct provisionsSection 23
Restrictions on opening of new, and transfer of existing, places of businessAct provisionsSection 24
Maintenance of a percentage of assetsAct provisionsSection 25
Source-controlled provisionAct provisionsSection 26
Source-controlled provisionAct provisionsSection 26A
Depositor Education and Awareness FundAct provisionsSection 27
Monthly returns and power to call for other returns and informationAct provisionsSection 28
Source-controlled provisionAct provisionsSection 29
Accounts and balance-sheetAct provisionsSection 29A
Source-controlled provisionAct provisionsSection 30
AuditAct provisionsSection 30A
Source-controlled provisionAct provisionsSection 31
Source-controlled provisionAct provisionsSection 32
Source-controlled provisionAct provisionsSection 33
Source-controlled provisionAct provisionsSection 34
Source-controlled provisionAct provisionsSection 35
InspectionAct provisionsSection 35A
Power of Reserve Bank to give directionsAct provisionsSection 35AA
Central Government to authorise Reserve Bank to issue directions to banking companies to initiate insolvency resolution processAct provisionsSection 35AB
Power of Reserve Bank to issue directions in respect of stressed assetsAct provisionsSection 36
Further powers and functions of Reserve BankAct provisionsSection 36A
Source-controlled provisionAct provisionsSection 36AA
Source-controlled provisionAct provisionsSection 36AB
Source-controlled provisionAct provisionsSection 36AC
Source-controlled provisionAct provisionsSection 36ACA
Source-controlled provisionAct provisionsSection 36AD
Source-controlled provisionAct provisionsSection 37
Source-controlled provisionAct provisionsSection 38
Source-controlled provisionAct provisionsSection 39
Source-controlled provisionAct provisionsSection 40
Source-controlled provisionAct provisionsSection 41
Source-controlled provisionAct provisionsSection 42
Source-controlled provisionAct provisionsSection 43
Source-controlled provisionAct provisionsSection 44
Source-controlled provisionAct provisionsSection 45
Power of Central Government to make scheme of amalgamationAct provisionsSection 45A
Source-controlled provisionAct provisionsSection 45B
Source-controlled provisionAct provisionsSection 45C
Source-controlled provisionAct provisionsSection 45D
Source-controlled provisionAct provisionsSection 45E
Source-controlled provisionAct provisionsSection 45F
Source-controlled provisionAct provisionsSection 45G
Source-controlled provisionAct provisionsSection 45H
Source-controlled provisionAct provisionsSection 45I
Source-controlled provisionAct provisionsSection 45J
Source-controlled provisionAct provisionsSection 45K
Source-controlled provisionAct provisionsSection 45L
Source-controlled provisionAct provisionsSection 45M
Source-controlled provisionAct provisionsSection 45N
Source-controlled provisionAct provisionsSection 45O
Source-controlled provisionAct provisionsSection 45P
Source-controlled provisionAct provisionsSection 45Q
Source-controlled provisionAct provisionsSection 45R
Source-controlled provisionAct provisionsSection 45S
Source-controlled provisionAct provisionsSection 45T
Source-controlled provisionAct provisionsSection 45U
Source-controlled provisionAct provisionsSection 45V
Source-controlled provisionAct provisionsSection 45W
Source-controlled provisionAct provisionsSection 45X
Source-controlled provisionAct provisionsSection 46
PenaltiesAct provisionsSection 47
Source-controlled provisionAct provisionsSection 47A
Power of Reserve Bank to impose penaltyAct provisionsSection 47B
Source-controlled provisionAct provisionsSection 48
Source-controlled provisionAct provisionsSection 49
Source-controlled provisionAct provisionsSection 49A
Source-controlled provisionAct provisionsSection 49B
Source-controlled provisionAct provisionsSection 50
Source-controlled provisionAct provisionsSection 51
Source-controlled provisionAct provisionsSection 52
Source-controlled provisionAct provisionsSection 53
Source-controlled provisionAct provisionsSection 54
Source-controlled provisionAct provisionsSection 55
Source-controlled provisionAct provisionsSection 56
Source-controlled provisionAct provisions
Rules, Regulations, notifications, circulars and directions
Reserve Bank of India General Regulations, 1949Official RBI/Gazette text and amendment history requiredBanking Regulation (Companies) Rules, 1949Current amended text requiredPayment and Settlement Systems Regulations, 2008Current RBI text requiredBoard for Regulation and Supervision of Payment and Settlement Systems Regulations, 2008Current RBI text requiredMaster Direction - Know Your Customer (KYC)Live Master Direction; amendment and effective-date verification mandatoryReserve Bank - Integrated Ombudsman Scheme, 2021Current scheme and RBI instructions requiredMaster Direction - Non-Banking Financial Company - Scale Based RegulationLive Master Direction; entity-class and date verification mandatoryCredit Card and Debit Card - Issuance and Conduct DirectionsLive direction; current title/version requiredDigital Lending Directions / GuidelinesCurrent consolidated RBI direction and effective date required