In Which year was the Banking Regulation Act Passed? KBC Croma Answers Today

In Which year was the Banking Regulation Act Passed? the correct answer is 1949

by J Nandhini

Updated Nov 01, 2023

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In Which year was the Banking Regulation Act Passed? KBC Croma Answers Today
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In Which year was the Banking Regulation Act Passed?

The correct answer is 1949

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The Banking Regulation Act is an important piece of legislation in India that was enacted in 1949. It provides the legal framework for the regulation and supervision of banks and financial institutions in India. The Act aims to maintain stability and public confidence in the banking system, protect depositors' interests, and ensure that banks operate in a sound and efficient manner.



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In Which year was the Banking Regulation Act Passed? - FAQ

1. In Which year was the Banking Regulation Act Passed?

The correct answer is 1949

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