The Banking Regulation Act 1949 | RBI Rules Ombudsman Scheme

This book provides the updated and authoritative text of The Banking Regulation Act, 1949, incorporating amendments introduced by the Banking Laws (Amendment) Act, 2025. It serves as a comprehensive legal reference for understanding the regulatory framework governing banking institutions in India, including commercial banks, cooperative banks, and financial compliance mechanisms. The inclusion of allied rules and schemes ensures a holistic understanding of banking law and its practical implementation.

Key Features

• Includes Banking Regulation (Companies) Rules, 1949
• Covers Cooperative Societies Banking Regulation Rules, 1966
• Includes Banking Companies (Preservation of Records) Rules, 1985
• Covers Co-operative Banks Preservation of Records Rules
• Includes Depositor Education and Awareness Fund Scheme, 2014
• Covers RBI Integrated Ombudsman Scheme, 2021
• Includes Banking Companies Nomination Rules, 2025
• Updated amendments as per Banking Laws Amendment Act, 2025
• Includes landmark judgments for legal reference
• Provides short notes and comments for better understanding

This book is highly useful for banking professionals, legal practitioners, compliance officers, finance professionals, and law students. It is also valuable for candidates preparing for banking exams, judiciary exams, and professional courses such as CA, CS, and CMA, offering both conceptual clarity and regulatory insights.