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1. Companies Act, 2013 along with all Companies Rules, 11th Edition, EBC.

Materials

1. Ministry of Corporate Affairs (MCA) website link to all legislative material.
2. LLP Act > link to MCA website.
3. Securities and Exchange Board of India (SEBI) Legal.
4. Competition Commission of India (CCI) > go to legislation tab.
5. Insolvency and Bankruptcy Board of India (IBBI) Legal Framework.
6. FEMA> link to all the FEMA laws, rules, and regulation.

The Banking Regulation Act, 1949 regulates all the banks of India, co-operative and commercial banks that are established in India. The Act regulates the operation and management of banks in India, such as opening and changing of branches by the bank, requirement to maintain the minimum capital reserve, and the development of banking operations in India. It also confers certain powers to the RBI to regulate certain activities of the banks.

The RBI which is the central bank of India was established under the RBI Act, 1934. The main function of RBI is to regulate the issue of bank notes, maintain the reserves of India with a view to securing monetary stability in India and also to generally operate the currency and credit system of the country to its advantage.

The RBI affairs are governed by a central board of directors, which is helmed by the Governor.

The Indian banking system is governed by three legislations — Banking Regulation Act, 1949, the RBI Act, 1934 and of course the Companies Act, 2013.