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SPEEDY Railway Book (English)

Important Parliamentary Act related to Banking Sector in India

"BANKING PARLIAMENTARY ACT IN INDIA"
For SBI PO-IBPS PO/ Clerk-RRBs

Sl. No.
Name of the Act
Year of Proclamation
             1.       
The Insurance Laws (Amendment) Act- Pushed FDI limit to 49%
2015
             2.       
Insurance Regulatory and Development Authority Act
1999
             3.       
Societies' Registration Act
1860

             4.       
International Monetary Fund and Bank Act
1945
             5.       
State Bank of India (Subsidiary Banks) Act
1959
             6.       
Nationalization of Banks Act (But government decided to nationalize 14 major commercial banks on 19th July, 1969.)
1964
             7.       
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act. (SARFAESI Act)
2002
             8.       
Co-operative Societies Act
1912
             9.       
Reserve Bank of India Act
1934
           10.   
Securities Laws (Amendment) Act
2014
           11.   
The Regional Rural Banks (Amendment) Act
2014
           12.   
General Insurance Business (Nationalization) Amendment Act
1985
           13.   
Negotiable Instruments Act
1881
           14.   
Employees’ State Insurance Act
1948
           15.   
Life Insurance Corporation Act
1956
           16.   
Banking Regulation Act
1949
           17.   
State Bank of Hyderabad Act
1956
           18.   
Unit Trust of India Act
1963
           19.   
General Insurance Business (Nationalization) Act
1972
           20.   
National Bank for Agriculture and Rural Development (NABARD) Act
1981
           21.   
Provident Funds Act
1925
           22.   
Public Debt Act
1944
           23.   
Chartered Accountants Act
1949
           24.   
Central Sales Tax Act
1956
           25.   
Unit Trust of India Act
1963
           26.   
Government Securities Act
2006
           27.   
Central Excise Act
1944
           28.   
Companies Act
1956
           29.   
Public Provident Fund (PPF)   Act
1968
           30.   
Prize Chits and Money Circulation Scheme (Banning) Act
1978
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