Section 35A - Power of the Reserve Bank to give directions. Section 35 AA (1) This Act may be called the Banking 3 [Regulation] Act, 4 [(2) It extends to. Section 35A of the Banking Regulation Act, vests power in the RBI to give directions to banks and can take action, “to prevent the affairs of. Section 35A of the Banking Regulation Act, vests power in the RBI to give directions to banks and can take action, "to prevent the affairs of.
Related VideosBanking - The Banking Regulation Act 1949 - Section 35 - Section 35 A \u0026 35 B - Section 36 - Class 6 Choose your reason below and click on the Report button. Facebook Twitter Instagram Teglegram. Reshape Tomorrow Tomorrow is different. ET View. ET Citings. Section 35 frankly is a very generic provision which allows the RBI to interfere in the operations of banks.
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