Banking regulation act,1949 ,sec 6(1)(d)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 June 2014
(d) the effecting, insuring, guaranteeing, underwriting, participating in managing and
carrying out of any issue, public or private, of State, municipal or other loans or of shares, stock,
debentures, or debenture stock of any company, corporation or association and the lending of
money for the purpose of any such issue;
I WANT EXPLANATION FOR THAT MATTER
carrying out of any issue, public or private, of State, municipal or other loans or of shares, stock,
debentures, or debenture stock of any company, corporation or association and the lending of
money for the purpose of any such issue;
I WANT EXPLANATION FOR THAT MATTER
08 June 2014
what explanation you want...these are the permitted activities for a bank..
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