BRBL: Concepts and Practice · Part A: Regulations and Compliance

Chapter 1: The legal framework

The Acts that create and govern banks, who regulates whom, and what changed in 2025.

Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.

In this chapter

• 1.1The laws that govern banksp. 3
• 1.2The RBI Act, 1934p. 4
• 1.3The Banking Regulation Act, 1949p. 5
• 1.4Public sector, rural and co-operative banksp. 6
• 1.5The 2025 amendmentsp. 7
• Exam traps and quick checksp. 8
• Practice: 16 questions in three roundsp. 9
• Answers, with every wrong option explainedp. 11
• Make it stickp. 13
• Chapter 1 on one pagep. 14

Corrections and updates

None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.