IIBF & NISM Adda

 BANKING LAWS - NI,BR & RBI ACT 1. As per section 26 of the Negotiable Instruments Act, a Minor can draw, endorse, accept a negotiable i...

 01. Relaxation in KYC norms is permitted if the depositor undertakes that the balance outstanding in his account will not be more than and ...

  JAIIB LEGAL VERY IMPORTANT 1 1. Charged created by Bailment of goods to secure payment of a debt is called: Pledge 2. Guarantee is defined...

 Various Acts, sections and descriptions. Banking Regulation Act 1949 Sec.5(b) Banking: Banking means the acceptance of deposit for the purp...

 General banking  bits 1. A customer Mr Sharma had credit balance 40,000 in his saving ac and also had an OD ac with overdue Debit balance o...

  JAIIB - Legal & Regulatory Aspects of Banking - Mod - A - Regulations and Compliance Unit - 1 : Legal Framework of Regulation of Banks...