The Banking Regulation Act, 1949 (10 of 1949) Bare Act Latest 2027

The Banking Regulation Act, 1949 (10 of 1949) published by Whitesmann Publishing (Edition 2027, Book Code: B-3) is an authoritative Bare Act updated as amended by The Banking Laws (Amendment) Act, 2025 (16 of 2025) (w.e.f. August 1, 2025, November 1, 2025 & December 15, 2025).

It incorporates crucial subsidiary rules and schemes including:

• The Banking Regulation (Companies) Rules, 1949

• The Banking Regulation (Co-operative Societies) Rules, 1966

• The Banking Companies (Period of Preservation of Records) Rules, 1985

• The Co-operative Banks (Period of Preservation of Records) Rules, 1985

• The Depositor Education and Awareness Fund Scheme, 2014

• The Reserve Bank – Integrated Ombudsman Scheme, 2021

• The Banking Companies (Nomination) Rules, 2025

  Features:

  • Landmark Judgments Covered: Includes key rulings such as Rustom Cavasjee Cooper Vs. Union of India (Bank Nationalization case and Ordinance-making power), Central Bank of India Vs. Ravindra and Ors., Dharani Sugars and Chemicals Ltd. Vs. Union of India (Validity of RBI circular on stressed assets), Reserve Bank of India Vs. Jayantilal N. Mistry (RTI disclosure of inspection reports and defaulter lists), Federal Bank Ltd Vs. Sagar Thomas & Ors., and ICICI Bank Limited Vs. Official Liquidator of APS Star Industries Ltd. & Ors.

  • Editorial Aids: Features an introductory overview, short notes/comments, Supreme Court guidelines, list of referred cases, and a detailed subject index.