The Banking Regulation Act, 1949 – [Bare Act]

This edition of The Banking Regulation Act, 1949 (Act 10 of 1949) presents the updated and authoritative bare text of India’s core banking legislation, incorporating all amendments introduced by the Banking Laws (Amendment) Act, 2025 (16 of 2025) and other relevant legislative and regulatory changes notified up to 2025. Designed as a dependable legal reference, the book provides the statute as enacted, along with short comments, ensuring clarity while retaining statutory accuracy for examination and professional use.

The publication includes the Banking Regulation Act, 1949, fully revised to reflect current law, and is supplemented alongwith important allied rules, regulations, and schemes essential for a comprehensive understanding of banking regulation in India. The text strictly adheres to the latest notified amendments, rules, and RBI regulations, making it fully aligned with prevailing legal and regulatory frameworks applicable to banks and financial institutions.

The content covers, inter alia:

• Regulation and supervision of banking companies
• Licensing, management, and control of banks
• Capital, reserves, and restrictions on banking business
• Amalgamation, acquisition, and winding up of banking companies
• Provisions relating to co-operative banks
• Powers of the Reserve Bank of India
• Banking Regulation (Companies) Rules, 1949
• Banking Companies (Nomination) Rules, 1985
• Banking Companies (Acquisition and Transfer of Undertakings) Act and Rules
• Co-operative Banks rules and preservation of records provisions
• Relevant RBI schemes, regulations, and notifications updated up to 2025

This edition is particularly suitable for:

• Law students and academicians studying banking and financial laws
• Practising advocates, judges, and litigators in banking matters
• Chartered accountants, company secretaries, and compliance professionals
• Bank officials and regulatory professionals requiring an up-to-date statutory reference

Whether used for examinations, court practice, academic study, or professional compliance, this 2026 edition delivers an accurate, current, and comprehensive presentation of the Banking Regulation Act, 1949, alongwith allied rules and regulations, as applicable in contemporary banking law practice.