Banks having regulations of their own
This query is : Resolved
11 June 2010
Hi,
Can anyone please let me know if a bank can have its own regulations to monitor its secretarial affairs? Under which Act will these regulations come? and can that Act over ride the Companies Act, 1956.
Can anyone please let me know if a bank can have its own regulations to monitor its secretarial affairs? Under which Act will these regulations come? and can that Act over ride the Companies Act, 1956.
CMA Ramesh Krishnan
(Expert)
15 June 2010
Banks are covered under Banking regulation act,1949
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