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

Chapter 2: Control over organisation

Who may open a bank, who may own and run it, and how RBI can step in when management fails.

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

• 2.1Licences and branchesp. 17
• 2.2Capital and shareholdingp. 18
• 2.3The board and managementp. 19
• 2.4RBI’s powers over managementp. 20
• 2.5Ownership and governance normsp. 21
• Exam traps and quick checksp. 22
• Practice: 16 questions in three roundsp. 23
• Answers, with every wrong option explainedp. 25
• Make it stickp. 27
• Chapter 2 on one pagep. 28

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.