The table given below gives you a comprehensive list of Important Parliamentary Acts related to Banking.
| Name of the Act | Year of Promulgation |
|---|---|
| Societies' Registration Act | |
| Negotiable Instruments Act | |
| Co-operative Societies Act | |
| Provident Funds Act | |
| Reserve Bank of India Act | |
| Insurance Act | |
| Central Excise Act | |
| Public Debt Act | |
| International Monetary Fund and Bank Act | |
| Employees’ State Insurance Act | |
| Banking Regulation Act | |
| Chartered Accountants Act | |
| Contingency Fund of India Act | |
| Employees' Provident Funds and Miscellaneous Provisions Act | |
| State Bank of India Act | |
| Life Insurance Corporation Act | |
| Securities Contract Act | |
| Companies Act | |
| Central Sales Tax Act | |
| State Bank of Hyderabad Act | |
| State Bank of India (Subsidiary Banks) Act | |
| Deposit Insurance and Credit Guarantee Corporation Act | |
| Customs Act | |
| Unit Trust of India Act | |
| Nationalization of Banks Act ( But government decided to nationalize 14 major commercial banks on 19th July, 1969.) | |
| Banking Laws (Application to Co-operative Societies) Act | |
| PPF Act | |
| General Insurance Business (Nationalization) Act | |
| Regional Rural Banks Act | |
| Prize Chits and Money Circulation Scheme (Banning) Act | |
| Export-Import Bank of India Act | |
| NABARD Act | |
| Chit Funds Act | |
| General Insurance Business (Nationalization) Amendment Act | |
| Securities and Exchange Board of India Act | |
| Insurance Regulatory and Development Authority Act | |
| Foreign Exchange Management Act | |
| Prevention of Money Laundering Act | |
| Fiscal Responsibility and Budget Management Act | |
| Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. (Colloquially, SARFAESI Act) | |
| Government Securities Act | |
| Securities Laws (Amendment) Act | |
| The Regional Rural Banks (Amendment) Act- Diluted the sharing pattern by limiting the composite share of central govt. and sponsor bank to 51% | |
| The Insurance Laws (Amendment) Act- Pushed FDI limit to 49% |
The above-mentioned acts are more often asked in examinations conducted by IBPS.
Contributed By Rohan Anand
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