Paper Title
Reserve Bank of India as a Regulator – An Analysis
Article Identifiers
Authors
Dr John Major Thomas , Joshmy Philip
Keywords
Indian Banks, Central bank, Banking regulation act, Depository, powers of RBI
Abstract
The role of R.B.I in regulating banks in India under the Banking (Regulation) Act through Amendment Act 23 of 1965 will be discussed in this article. The Banking Companies Act was passed in 1949 in relation to the protection of various financial institutions in order to protect and safeguard the industrial interests of the community. Non-Nationalized institutions, Nationalized banks and cooperative banks are protected by the applicable law. In compliance with the provisions of the RBI Act, 1934, the Reserve State was created on April 1, 1935. The Reserve Bank's Wiring Closet was set up in Calcutta, but later had been temporarily relocated to Mumbai in 1937. While originally government funded, the Reserve Bank has been listed on the main Market of India since nationalization in 1949. The role including its RBI is to supervise the functioning and growth including its country's resultant product
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How To Cite (APA)
Dr John Major Thomas & Joshmy Philip (August-2024). Reserve Bank of India as a Regulator – An Analysis. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 9(8), b775-b777. https://ijnrd.org/papers/IJNRD2408171.pdf
Issue
Volume 9 Issue 8, August-2024
Pages : b775-b777
Other Publication Details
Paper Reg. ID: IJNRD_226544
Published Paper Id: IJNRD2408171
Downloads: 000122002
Research Area: Commerce
Country: Pathanamthitta district , kerala , India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2408171.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2408171
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