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  2. Banking in India - Wikipedia

    en.wikipedia.org/wiki/Banking_in_India

    By 2013 the Indian Banking Industry employed 1,175,149 employees and had a total of 109,811 branches in India and 171 branches abroad and manages an aggregate deposit of ₹ 67,504.54 billion (US$810 billion or €830 billion) and bank credit of ₹ 52,604.59 billion (US$630 billion or €640 billion).

  3. Banking Regulation Act, 1949 - Wikipedia

    en.wikipedia.org/wiki/Banking_Regulation_Act,_1949

    The Banking Regulation Act, 1949 is a legislation in India that regulates all banking companies in India. [1] Passed as the Banking Companies Act 1949, it came into force on 16 March 1949 and changed to Banking Regulation Act 1949 from 1 March 1966. It is applicable in Jammu and Kashmir from 1956. Initially, the law was applicable only to ...

  4. Financial regulation in India - Wikipedia

    en.wikipedia.org/wiki/Financial_regulation_in_India

    Financial regulation in India is governed by a number of regulatory bodies. [1] Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system.

  5. Category:Banknotes of India - Wikipedia

    en.wikipedia.org/wiki/Category:Banknotes_of_India

    Download as PDF; Printable version; ... Pages in category "Banknotes of India" ... Bharatiya Reserve Bank Note Mudran; F.

  6. Reserve Bank of India Act, 1934 - Wikipedia

    en.wikipedia.org/wiki/Reserve_Bank_of_India_Act...

    Section 22 states that only the RBI has the exclusive rights to issue currency notes in India. Section 24 states that the maximum denomination a note can be is ₹ 10,000 (US$120). Section 26 of Act describes the legal tender character of Indian bank notes. Section 28 allows the RBI to form rules regarding the exchange of damaged and imperfect ...

  7. Bankers' Books Evidence Act, 1891 - Wikipedia

    en.wikipedia.org/wiki/Bankers'_Books_Evidence_Act...

    The main question which arose was whether the rules of evidence in Indian banking would be governed by British legislation, as India was then a British colony. As a result, it was decide to adapt and adopt the Bankers' Books Evidence Act, 1879 of the British Parliament to Indian banking. The Indian Bankers' Books Evidence Act, 1891 was ...

  8. Payment and settlement systems in India - Wikipedia

    en.wikipedia.org/wiki/Payment_and_settlement...

    The Reserve Bank of India (India's Central Bank) maintains this payment network. Real-time gross settlement is a funds transfer mechanism where transfer of money takes place from one bank to another on a 'real time' and on 'gross' basis. This is the fastest possible money transfer system through the banking channel.

  9. National Electronic Funds Transfer - Wikipedia

    en.wikipedia.org/wiki/National_Electronic_Funds...

    National Electronic Funds Transfer (NEFT) is an electronic funds transfer system maintained by the Reserve Bank of India (RBI). Started in November 2005, the setup was established and maintained by Institute for Development and Research in Banking Technology. [1]