Other important sections of Banking Regulation Act, 1949 :

Some other important provisions prescribed in the Banking Regulation Act, inter-alia includes:

(i) Sections 11 and 12: These sections deal with the provisions related to paid up capital, reserves, subscribed capital and authorised capital, voting rights of shareholders and their terms and conditions.

(ii) Section 17 and 18: These sections specify the requirements related to creation of reserve fund by a banking company and maintaining of the Cash Reserve Ratio by Non-scheduled banks.

(iii) Section 24 specifies the requirement of maintenance of Statutory Liquidity ratio as a percentage of certain assets.