Act , the High Court, after
considering section 80P(4) of the IT Act, various provisions of the
Kerala Act, the Banking Regulation Act, 1949 ... Part V of the Banking Regulation
Act, 1949 (10 of 1949);
(b) “primary co-operative agricultural and rural
development bank” means a society having
powers
conferred by (i) the Reserve Bank of India Act, 1934 (ii) the Banking
Regulation Act, 1949 and (iii) the Payment Settlement Systems Act ... falling within the regulatory
framework of the RBI Act, 1934 or the Banking Regulation
Act, 1949 .
(ii) Virtual currencies do not even fall within
called the Banking
Regulation (Amendment) Ordinance, 2017.
(2) It shall come into force at once.
32
2. In the Banking Regulation Act, 1949 , after section ... follows:
“THE BANKING REGULATION
(AMENDMENT) ACT, 2017
[25th August, 2017]
xxx xxx xxx
2. In the Banking Regulation Act, 1949 (hereinafter
referred
banking company under
Companies Act, 1956 . Said Bank was issued licence
dated 06.09.1994 under Banking Regulation Act, 1949
by Reserve Bank of India (for short ... private sector
bank operating under banking licence dated 06.09.1994,
issued by RBI under Banking Regulation Act, 1949 . It is
also not disputed that
Interest Act, 2002 (Act No.54 of 2002) and/or the Reserve Bank
of India Act, 1934 and/or the Banking Regulation Act, 1949 ... banking business have been embodied in the
banking laws of India, viz. the Reserve Bank of India Act, 1934 ,
and the Banking Regulation Act, 1949
Mahindra Bank Limited,a company]
incorporated under the Companies Act , ]
2013 and a banking company within the ]
meaning of the Banking Regulation Act , ]
1949, having ... HDFC Bank,a company incorporated under]
Companies Act, 1956 and licensed as a ]
bank under the Banking Regulation Act , ]
1949, having its registered office
Banking Regulation Act, 1949 (for short 'Regulation Act, 19490, Courts are prohibited/debarred from reopening the transactions entered into between the Banking Company ... Usurious Loans Act (Act 10 of 1918) in juxtaposition with S. 21-A of the Regulation Act, 1949 insofar as it is relevant
Regulation Act, 1949 ('the Act of 1949'). It is
submitted that Section 5(b) of the Act of 1949 defines "banking ... Cooperative Societies Act, 2002
is entitled to carry on banking business without a licence under
Section 22 of the Banking Regulation Act, 1949?
12. Learned
provisions of the Companies Act,
1956 and carrying on the
business of banking under the
Banking Regulation Act, 1949 ,
through its Administrator
Mr.Prashant Kumar ... Companies Act, 1956 and now
existing under the Companies Act,
2013 and carrying on the business of
banking under the Banking
Regulation Act, 1949 , through
Act, 1949 , (Act 10 of 1949), Reserve Bank of India Act, 1934 (Act 2 of 1934), National Bank for Agricultural and Rural Development Act ... Act 23 of 1965 thus:-
" An Act further to amend the Reserve Bank of India Act, 1934 and the Banking Companies
Act, 1949